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Malawi: Close-knit businesses challenge federal competition authorities

By  |  May 1, 2013
Malawi: Close-knit businesses challenge federal competition authorities

Local businesses in Malawi’s Karonga district are reportedly protesting against a recent ruling from the nation’s competition regulator, the Competition and Fair Trade Commission. The watchdog recently found Illovo, the nation’s sugar manufacturer, as well as one of its distributors for anticompetitive behavior. Specifically, the regulator accuses distributor Simama General Dealers of squeezing out smaller sugar wholesalers from the market, blocking them to buy from Illovo and not its rivals. Local businesses within Karonga have, however, vocalized their opposition to the ruling, accusing the regulator of making their ruling based on unreliable sources.

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    Full Content: Nyasa Times

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