Wed, 07 Feb 2018 11:07:41 +0000 By MAILESI BANDA THE Competition and Consumer Protection Commission (CCPC) says it handled merger investments valued at US$6 million in 2017. CCPC, executive director, Chilufya Sampa said the investments have since created 4,430 direct jobs and 411 more jobs were maintained due to the mergers. Mr. Sampa was speaking during the 2017 end of year media briefing held in Lusaka yesterday. “In the year under review the directorate of mergers and monopolies received 82 merger notifications against the set target for the year of 40.” “This represents a 60 percent increase in merger notifications compared to the previous year 2016,” he said. He said out of the 82 notifications received 65 merger reviews were closed representing a 33 percent increase on 2016 merger cases closed adding that this indicated a 79 percent efficiency rate on the closed cases. Mr. Sampa explained that of the 65 closed cases the […]
