Thu. Apr 25th, 2024

Competition And Fair-Trading Commission Embarked on Price inspection across the country

The Competition and Fair-Trading Commission has embarked on an inspection across the country to check availability and prices of basic commodities.

It follows growing complaints of scarcity and skyrocketing prices of sugar and cooking oil.

For the past week the market has been hit with a shortage of sugar, which has led to high prices of the commodity.

However, consumers have complained that other traders including established retailers are selling sugar for as high as K1 400 per kilogram with micro traders going as high as K2 000.

It has also been observed that various major retailers have gone for at least two weeks without stocks of sugar and cooking oil.

Speaking to Capital FM Spokesperson for the CFTC Innocent Helema has acknowledged the consumer concerns and indicates that they will launch investigations against culprits upon completion of data collection in the inspection

Related Posts
DPP Blues Rebels Brings Division In
DPP Blues Rebels Brings Division In

The way Charles Mchacha is castigating the Leader of Opposition in Parliament, Hon Kondwani Nankhumwa, is just testimony enough that Read more

Malawi Freedom Network advice President Banda to fight corruption

If you thought Malawians are lazy people, I bet you a Dinosaur, think twice and you will know, check in Read more

Malawi Government Faulted Over Arrests of Coup Suspects

The recent arrest in Malawi of three opposition politicians accused of planning to unseat President Peter Mutharika is dissent from Read more

Allegations of a coup plot sour diplomatic ties

The US embassy has denied involvement in an alleged plot to overthrow the president, Peter Mutharika. Analysis Media reports that Read more

Other stories

Leave a Reply

Your email address will not be published. Required fields are marked *

Ekhaya luxury Resort fully open