Tuesday, July 5, 2022
  • About Us
  • ImagiNATION
  • Rate Card
  • Contact Us
The Nation Online
Advertisement
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Life & Style
    • Every Woman
      • Soul
      • Family
    • Religion
    • Feature
  • Society
  • Columns
  • Sports
  • Chichewa
  • Enation
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Life & Style
    • Every Woman
      • Soul
      • Family
    • Religion
    • Feature
  • Society
  • Columns
  • Sports
  • Chichewa
  • Enation
No Result
View All Result
No Result
View All Result
Home Business Business News

Commission zeroes in on poultry sector

by Grace Phiri
18/08/2020
in Business News, Editors Pick
3 min read
0
Share on FacebookShare on TwitterShare on WhatsAppShare on LinkedinLinkedinShare via Email

Competition and Fair Trading Commission (CFTC) plans to carry out a study in the poultry sector following complaints of anti-competitive tendencies among players.

In a written response on Friday, CFTC spokesperson Innocent Helema said there have been rising complaints from small and medium enterprises (SMEs) over alleged widespread unfair and anti-competitive practices in the sector.

Small-scale poultry producers are being pushed out of the market

He said: “To help form an informed opinion on the issue, the commission will undertake a comprehensive study to assess the state of play of competition and dynamics in the poultry market.

“Findings of the study will be used to determine what action the commission should take to promote competition and ensure that there is adequate protection for SMEs.”

Chamber for Small and Medium Enterprises Association executive secretary James Chiusti has welcomed the study, saying it is long overdue.

He said big players in the poultry sector control the whole value chain, resulting in small players being squeezed out of the market.

“Small poultry traders have literally failed to compete against the bigger players as they enjoy economies of scale; hence, offering their products at reduced prices,” said Chiutsi.

Rose Chimbiya, a small-scale poultry farmer in Chileka, Blantyre, said it is becoming harder to compete with bigger firms.

“For instance, I sell one live chicken at K3 000, but if you go to the market, you will find the same selling at K2 500 or less and consumers opt for cheaper ones.

“In the end, it is difficult to make sustainable returns,” she said.

The study is coming two months after Poultry Industry Association of Malawi (Piam) decried illegal importation of poultry products, which it argued put the industry under financial strain, affecting  3 000 jobs out of 24 000.

Piam chairperson Alexander Stewart could not be immediately reached for a fresh comment, but in an earlier statement he said the industry is concerned with continuous illegal importation of eggs and poultry feeds from Zambia and the continued importation of frozen chicken from Brazil.

Under Section 42 of the Competition and Fair Trading Act, one of the functions of CFTC is to monitor markets and determine where concentrations of economic power or anti-competitive trade practices exist whose impact on competition and the economy outweigh the efficiency advantages.

Among other things, the study will also seek to understand the structure of the poultry industry and assess its likely effect on competition.

Previous Post

Mass Covid-19 tests in prisons

Next Post

Old Mutual pays health workers’ Covid-19 claims

Related Posts

Business News

Imports 92% more expensive—report

July 5, 2022
Business News

FDH Bank shareholders to share K7.3bn dividend

July 5, 2022
Vision 2020 failed to alleviate people’s suffering in the country
Business News

Rising prices to push people into poverty

July 5, 2022
Next Post

Old Mutual pays health workers’ Covid-19 claims

Opinions and Columns

My Turn

Child neglect and street robbery

July 4, 2022
Editor's Note

MPs’ houses to cost taxpayers K60bn

July 3, 2022
Big Man Wamkulu

Her body count is too high, should I dump her?

July 3, 2022
My Thought

Women underutilise digital platforms

July 3, 2022

Malawi-Music.com Top10

Trending Stories

  • APM, Ntaba risk Criminal charges

    0 shares
    Share 0 Tweet 0
  • Artists revel in presidential awards

    0 shares
    Share 0 Tweet 0
  • Dubai firm cries foul

    0 shares
    Share 0 Tweet 0
  • Bank questions import substitution rhetoric

    0 shares
    Share 0 Tweet 0
  • Chakwera u-turns on powers

    0 shares
    Share 0 Tweet 0

  • Values
  • Our Philosophy
  • Editorial policy
  • Advertising Policy
  • Code of Conduct
  • Plagiarism disclaimer
  • Disclaimer
  • Privacy Policy
  • Terms of use

© 2022 Nation Publications Limited. All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Life & Style
    • Every Woman
      • Soul
      • Family
    • Religion
    • Feature
  • Society
  • Columns
  • Sports
  • Chichewa
  • Enation

© 2020 Nation Publications Limited. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.