By NOEL IYOMBWAALLL the three cement producers that were investigated for restrictive business are expected to revert to the pre-cartel prices by May 7 this year, the Competition and Consumer Protection Commission (CCPC) has said.CCPC Senior Public Relations Officer, Namukolo Kasumpa, said the directive takes effect 30 days after the parties receive the Board ‘s decision.Ms Kasumpa said the three cement producers, Lafarge Zambia Plc, Dangote Cement Zambia Limited and Mpande Limestone Limited confirmed receiving the Board’s decision on April, 8 2021.She said the 30 days window period was still open given the date the parties received the Board’s decision.“All three cement producers, Lafarge Zambia Plc, Dangote Cement Zambia Limited and Mpande Limestone Limited that were investigated for restrictive business practices by the Commission have confirmed receiving the Board’s decision on April 8, 2021,” Ms Kasumpa said.CCPC investigations into the high prices of cement on the market found Lafarge Zambia Plc, Dangote Cement Zambia Limited […]
‘CEMENT PRICES MUST FALL’ AS CCPC SETS DEADLINE.
