By SIMON MUNTEMBAGOVERNMENT should bring in other investigative wings to work with the Competition and Consumer Protection Commission (CCPC) in probing the cartel behind price fixing of different commodities on the market, the National Traders of Edible Oils Association (NTEOA) has suggested.NTEOA President, Sylvester Kaluwa, said there was need to supplement the CCPC’s efforts in bring to book the cartel behind price fixing.Mr Kaluba in an interview complained that that the cost of importing palm oil into Zambia had increased from $ 750 per tonne last year during the same period to u$1,200 per tonne today without proper justification.He said the exorbitant cooking oil prices was being caused by a cartel in the edible oil sector and called on Government to involve other investigative wings to work with CCPC price fixing on the market.“There is a cartel in the edible oil sector which is controlling market prices of cooking oil, a situation which has resulted […]
Upscale price-fixing probe, Govt advised
