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Illovo Sugar (Malawi) plc risks prosecution for alleged unfair competition after a Competition and Fair Trading Commission (CFTC) investigation found the giant manufacturer guilty in a case that tested the country’s trade and competition laws.
In a press statement announcing the new prices in October, Illovo Sugar said it had raised the price of its sugar to make the product expensive on the local market and curb its smuggling to neighbouring countries.
Meanwhile, Illovo communications and stakeholder relations manager Olive Kawelama agreed that the port is a viable route for transporting cargo, but urged Nacala Logistics, the concessionaires of the rail line, to be more efficient in their operations.
Source: https://mwnation.com/nacala-corridor-under-spotlight/