Month: September 2017 Posts

Four liquor companies in hot soup

Sep 07, 2017 Bright Malenga 0 &

The Competition and Fair Trading Commission (CFTC) has fined four companies for supplying harmful spirituous alcoholic products. The four companies which are Chilwa Investments, S.R Distilleries, Bwenzi Group and Reddy’s Beverages Limited have been ordered… ...

Malawians asked to comment on OBM, FMB merger

Aug 18, 2017 Bright Malenga 18 &

The Competition and Fair Trading Commission (CFTC) has called on the general public to submit their opinions on First Merchant Bank’s (FMB) acquisition of Opportunity Bank of Malawi (OBM). Malawi Stock Exchange listed FMB bought… ...

Three companies in hot soup for duping customers

Jun 02, 2017 Bright Malenga 1 &

The Competition and Fair Trading Commission (CFTC) has fined three Malawian companies for duping customers during the delivery of their services and products. According to a statement issued by the commission, the cases of the… ...

Super League teams struggling due to limited resources

Mar 17, 2017 Orton Nyirenda 1 &

..spends over 70 million a year Malawi Super League teams have been and are still struggling economically due to limited resources since they have no right to approach Tnm competitors for sponsorship, it has been… ...

CFTC to crack down on dirty traders

Mar 17, 2017 Alex Sakala 0 &

Competition and Fair Trading Commission (CFTC) has strongly warned traders to desist from unfair and uncompetitive market practices, saying the law shall take its course. Speaking during the commemoration of Consumer Rights Day on Wednesday,… ...

MASM told to stop airing misleading advert

Mar 11, 2017 Victoria Milanzi 1 &

The Competition and Fair Trading Commission (CFTC) has demanded Medical Aid Society of Malawi (MASM) to stop broadcasting an advert in which the healthcare firm claims that it does not demand its members to pay… ...

Malawian supermarkets caught cheating: you are being overcharged

Aug 02, 2016 Bright Malenga 50 &

As economic problems continue to hit Malawians hard, it has been revealed that well-known supermarkets in the country are cheating consumers by overcharging their goods. According to the Competition and Fair Trading Commission (CFTC), it… ...