20 companies face penalties for unfair price hikes after devaluation

Officials from the Competition and Fair Trading Commission (CFTC) say they are investigating 20 companies and traders who raised prices of their commodities soon after the infamous 44 per cent Deva of the Malawi Kwacha. CFTC spokesperson person Innocent Helena said the CFTC board is expected to hand down its verdict to the companies and […]

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