Business

State keen on creating conducive environment

MWANAKATWE

ANGELA CHISHIMBA, Lusaka
GOVERNMENT says the promotion of competition and consumer protection in the economy is not designed to hinder business growth, but aimed at creating a conducive business environment for all players in the economy.
Minister of Commerce, Trade and Industry Margaret Mwanakatwe said this yesterday in a speech read on her behalf by acting director for domestic trade Sunday Chikoti during a media training workshop for business reporters on competition law at Chaminuka Lodge.
Mrs Mwanakatwe said the purpose of competition policy is to facilitate efficient allocation of resources to maximise national welfare by means of sourcing from an open and competitive environment.
She urged the media to sensitise the business community and the public on the provisions of the law on vices such as exclusive dealings, price fixing, and market sharing in the supply chain.
Government has put in place legislation to promote competition and consumer welfare.
“I would like to commend the Commission for the initiative of engaging the media as it is a good way of educating our people on what the Government and its agencies are doing,” she said.
She said the media play a key role in the welfare of society, shape and affect thinking patterns and perceptions on various issues.
“What we do is greatly influenced by what we get from the media, hence the media has a responsibility of conveying the truth and relevant information.
“However, the media can only be in a position to relay such information if they have it,” she said.
Mrs Mwanakatwe said everyone, including the media, is a consumer and needs to be protected against vices that deny them their rights when buying.
She challenged the media to understand the concepts of competition and consumer protection.
And Competition and Consumer Protection Commission (CCPC) executive director Chilufya Sampa said the workshop was aimed at sharpening media investigative skills.




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