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Zimbabwe: Regulators focus in on cartels

By  |  June 16, 2019

Zimbabwe has begun enforcing a combination of strategies to break monopolies and foster competition among companies in key sectors providing basic commodities, which have come under siege from price cartels pushing products beyond the reach of many.

This comes as Parliament has invited Industry and Commerce Minister Mangaliso Ndlovu to furnish it with a comprehensive explanation on the wave of price increases plaguing the economy.

The Sunday Mail gathered that authorities are urgently finalizing reforms to the Competition and Tariff Commission (CTC) that will usher in a new environment for fair business practices whilst introducing punitive action against unethical profiteering.

Full Content: Sunday Mail

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