KABANDA CHULU, Lusaka
THERE is need to dismantle cartels and related bad practices in business if the country is to record sustainable and inclusive growth, a senior government official has said.
Speaking at a seminar to mark World Competition Day under the theme â€˜combatting cartels for inclusive growthâ€™, Ministry of Commerce, Trade and Industry permanent secretary Kayula Siame said Government is committed to create a competitive business environment.
â€œCartels affect everyone, whether in Government or not, so, we need to deal with these bad practices. We also need to learn what other countries are doing.
â€œGovernment through the Competition and Consumer Protection Commission [CCPC] has been undertaking awareness programmes to educate people on the importance of having a competitive business environment that results in a win-win situation,â€ she said.
Earlier, CCPC executive director Chilufya Sampa said the commission has made significant strides in enforcing the competition Act.
â€œInitially, we had challenges due to low funding but now, we have recorded good progress, and some cases involving some cartels have been addressed following the establishment of a unit to strictly look at cartels and other forms of unfair business practices,â€ he said.
And World Bank Zambia investment climate programme manager Peter Nuamah said anti-cartel enforcement is an effective tool to transform product input and boost productivity, innovation and inclusive growth.
â€œAnti-cartel enforcement helps the poorest population groups access a wider variety of competitively priced goods. Furthermore, competition in public procurement delivers savings for the government and increases the efficiency of infrastructure and social services provision.
â€œIn this case, competition authorities play an important role as champions, advocates and enforcers of competition policy across economies,â€ he said.
Participants at the seminar are drawn from Kenya, Tanzania, Botswana, South Africa, Malawi, Israel, Mexico and the COMESA competition commission.