The promotion of competition and consumer protection in Zambia is aimed at creating a conducive business environment for all players in the economy, Commerce minister Margaret Mwanakatwe has said.
She was speaking in a speech read on her behalf by acting director for domestic trade Mr Sunday Chikoti at the official openning of the Competion Consumer Protection Commission (CCPC) media training workshop at Chaminuka Lodge.
Mrs Mwanakatwe explained that competition and consumer protection were not designed to hinder business growth but to create conducive business environment for all players in the economy.
She said effective competition policy and law in Zambia could not be overemphasised as they were important ingredient for economic growth.
“The purpose of competition policy is to facilitate efficient allocation of resources in order to maximise national welfare by means of sourcing from an open and competitive environment,” she said.
Mrs Mwanakatwe said the Zambian business environment allowed business to fully participate and be integrated into the national economy.
She also said the duty of CCPC was to ensure that various economic entities did not engage in any conduct which could lessen competition or negatively affect consumer welfare. Mrs Mwanakatwe further said Government had already put in place necessary legislation to promote competition and consumer welfare.
She challenged the media to sensitise the business community and the public on the provisions of the law such as price fixing.
She said the media played an important role in in the welfare of society. Earlier, CCPC executive director Chilufya Sampa urged the media to take keen interest in competition issues and be able to educate the public on their rights. Mr Sampa said this is because competition was one of the key drivers for economic growth.
“This workshop is about imparting skills and knowledge in you of what we use when enforcing the law. So this is going to be different from other workshops where we give you statistics because we want you to learn more about the commission,“ he said.