The Competition and Fair Trading Commission (CFTC) has advised consumers to be vigilant and exercise caution against possible misleading or deceptive promotions during the festive season.
The warning comes in the wake of range of promotions, including massive discounts on products and services during the festive season.
In a statement, CFTC executive director Wezi Malonda warned the business community to desist from running deceptive promotions or misleading representations of goods and services.
She said: “Some promotions may be genuine while others are not in good faith. Further, some traders will want to increase sales by engaging in some unfair trading practices.
“These practices are those which adopt any unfair method or unfair or deceptive practice for the purpose of promoting the sale, use, supply or provision of goods and services.”
Malonda warned that any trader found engaging in deceptive promotions will be fined in accordance with the Competition and Fair Trading Act.
Consumers Association of Malawi (Cama) executive director John Kapito also cautioned consumers against spending money recklessly.
While acknowledging that Christmas and New Year festivities are rare occasions that call for celebration, he said consumers should spend wisely not to regret in future.