Competition and Fair Trading Act set to bite harder for its perpetual offenders as fines attract up to 10% of gross annual turnover
* It has taken 26 years for the CFTA to be reviewed after it became a trend by big businesses to continue breaking the competitive and fair trading law * But the old law (CFTA, 1998) was repealed and enacted to pave way for the new law (CFTA, 2024), which became operational on July 1, 2024 Analysis by Duncan Mlanjira Big businesses and traders opted to become perpetual offenders of unfair trading practices because the punishment fine of K500,000,…









