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CFTC fines Banks, 20 companies for unfair trading practices


July 20, 2021
Fazilla Tembo-Nyasa Times 1 Comment
State-funded Competition and Fair Trading Commission (CFTC), a statutory institution to regulate and monitor acts that affect competition and fair-trading, has fined imposed a K500, 000 on each of the 20 companies found guilty of contravening fair trading practices in the country.
The 20 are among the 61 companies the Commission has been investigating of which 56 were confirmed to have violated the consumer rights through one malpractice or the other.
Acting Executive Director, Apoche Itimu
The Commission’s Acting Executive Director, Apoche Itimu, told journalists on Monday during an update for their last quarter’s investigations and determinations that the remaining companies contravened competition business practices. ....

Apoche Itimu , First Capital Bank , Commission Acting , Fair Trading Commission , State Funded Competition , Executive Director , Acting Executive Director , Subscribe Nyasa , முதல் மூலதனம் வங்கி , தரகு நடிப்பு , நியாயமான வர்த்தக தரகு , நிர்வாகி இயக்குனர் , நடிப்பு நிர்வாகி இயக்குனர் , பதிவு ஞாச ,