THE Competition and Consumer Protection Commission (CCPC) has fined three cement companies for price fixing prices and setting of trade conditions therefore undermining a competitive market, which is detrimental to consumers.
The commission has since fined Lafarge Zambia Plc and Mpande Limestone Limited 10 percent of their annual turnovers for the year 2019 and another 10 percent their 2020 annual turnovers for price fixing and division of markets.
The Commission however grated full leniency to Dangote Cement Zambia Limited for having cooperated with the Commission during its investigations.
Senior Public Relations Officer Namukolo Kasumpa has told Mwebantu in a media statement that the Board of Commissioners of the CCPC has further ordered Lafarge Zambia Plc, Dangote Cement Zambia Limited and Mpande Limestone Limited to revert to the pre-cartel prices ranging between USD 4.50 – USD 5 for a period of one year from the date of receipt of the Board Decision pursuant to Section 59 (3) (b) of the Act.
“Additionally, that Lafarge Zambia Plc, Dangote Cement Zambia Limited, Mpande Limestone Limited submit monthly average ex-works prices and any price adjustments be indexed to the exchange rate and be submitted to the Commission for review pursuant to Section 58 (1) of the Act; The Board has also ordered the three Cement Companies to develop and implement compliance programmes in their respective firms within 90 days of receiving the Board Directive,”Ms Kasumpa said.
She said the board has directed Lafarge Zambia PLC, Dangote Cement Zambia Limited and Mpande Limestone to make undertakings within 90 days of receiving the directive that their respective employees should not engage in any anti-competitive behavior and that the enterprises should not facilitate in any anti-competitive conduct including the exchange of information.
Ms Kasumpa said the board of Commissioners also dropped charges against Zambezi Portland Cement Limited after it was established that they were not part of the cement cartel.
She said the decision to fine Lafarge Zambia Plc and Mpande Limestone Limited was made during the 49th Board of Commissioners Meeting for the Adjudication of Cases held in Lusaka on March 30, this year.
“This was after an exhaustive investigation by the Commission initiated in January 2020, following the Commission’s observations of a sustained increment of cement prices from an average of K55 to K100 per 50Kg bag between July 2019 and January 2020.The continuous price increment of cement by the parties led the Commission to suspect that there was possible collusion and an agreement to fix the prices of cement,” she said.
Ms Kasumpa said the Commission remains steadfast in its commitment to eliminate any anti-competitive trade practices, which impact negatively on Zambia’s quest to promote a competitive business environment and ensure that ordinary consumers are not exploited.
Zambian truck driver who was shot in South Africa dies
Zambia is one of the most attractive agricultural investment destination on the African continent, AFGRI says
AFGRI, a leading South African agriculture service company says Zambia is one of the most attractive agricultural investment destination on the African continent.
Company Chief Executive Officer Norman Celliers said Zambia has an advanced agriculture sector which made it the best investment destination in the region.
He was speaking at the AFGRI offices in Centurion,South Africa when he held a meeting with Zambia’s High Commissioner to that country Major General Jackson Miti.
Mr. Celliers said Zambia had unique capacity to grow and supply the SADC region with various foods owing to her rich soils and central geographical location.
He mentioned that his company was in the process of concentrating more on agriculture development in Zambia
And Major General Miti said government was engaging various stakeholders to ensure improved productivity and competitiveness in the agriculture sector.
He said government had embarked on a process of developing a crop marketing and export policy.
Major General Miti thanked AFGRI for its contribution to the growth of Zambia’s agriculture sector.
This is according to a press statement issued Mrs Naomi Nyawali, First Secretary Press and Public Relations at the Zambia High Commission in South Africa.
It’s a WRAP! Congratulations to the MTF Academy Class of 2020
DESPITE the challenging year that was 2020, MultiChoice is thrilled to congratulate the MTF Academy Class of 2020 on their graduation!
2020 was undoubtedly tough due to COVID-19, but the ability for all the 60 students from the Lusaka, Nairobi and Lagos academy hubs to quickly adapt and transition from physical to virtual learning speaks to the world-class nature of the academy’s course, says Mrs Leah Kooma, Chief Customer Officer, MultiChoice Zambia.
“The MultiChoice Talent Factory is very close to my heart. It speaks to who we are as Africans, natural-born storytellers. Today we are here to celebrate the second cohort who were dealt a heavy blow by the COVID-19 pandemic but the challenge seems to have brought on even greater opportunities,” Mrs Kooma adds.
The students’ academic course was extended from 12 month to 18 months due to the pandemic. This additional time translated to the students today walking away with not one but two qualifications, making them even more sought-after as they re-enter their respective local film and TV sectors as highly qualified industry professionals. Alongside their MTF qualification, the students also walk away with an equally illustrious qualification from the prestigious New York Film Academy of Visual and Performing Arts (NYFA).
Africa’s creative industries are custodians of the continent’s cultural heritage, and as Africa’s most-loved storyteller, MultiChoice has always put to use its burning desire to develop and invest in African talent through initiatives such as MTF. And like the previous cohort, the skills gained by the Class of 2020 once again shone through during their course.
The students completed an intensive 3-week online NYFA course on the production of micro-documentaries, PSAs and music videos and also worked with the United Nations on the global #PledgeToPause campaign, exposing the young creatives to global networks. In addition, MTF graduates are now part of the MTF alumni network and connected to industry professionals from across the continent through the MTF Portal-
The continued success of the MTF initiative since its start in 2018 is also rooted in its illustrious partnerships, namely with NYFA, the Henley Business School Africa, Pan-Atlantic University in Nigeria, Kenyatta University in Kenya and the University of Zambia in Zambia. MTF also has partnerships with internationally acclaimed organisations Dolby, Jasco Broadcast Solutions and Nihilent.
MTF’s partners have further contributed to the initiative by offering awards to this year’s graduates. The awards and lucky recipients are:
The NYFA 8-week scholarship, which goes to the top performing graduate per region.
This year’s recipients are; Abisola Aboaba (Nigeria), Daisy Masembe (Uganda) and Maira Tauacale (Mozambique).
An 8-week scriptwriting internship on an animation series from global consulting and solutions integration company Nihilent Technologies. The winners are; Julie Ako (Nigeria), Kefa Igilo (Tanzania) and Hilma Sheehama (Namibia).
Jasco Broadcast Solutions will provide one AVID media composer licence to the most-promising film video editor per region. The recipients are Gbenga Gomes (Nigeria), Isiko Abubaker (Uganda) and Abel Ngoma (Zambia). The AVID Pro Tools license for the most-promising sound engineer per region was awarded to Igho Arusi Avuirovarie (Nigeria), Maurice Muendo (Kenya) and Reijhaart Wolhuter (Namibia).
MultiChoice’s platforms will be giving students an amazing opportunity to work at M-Net local productions. Each winner will take part in a 4-week internship on M-Net productions equipping them with the skills they need to tell authentic and original African stories. Well done to Joshua Tsotso (Nigeria), Hanigun Kwenya (Kenya) and Masuzyo Mwale (Zambia).
“This is a proud moment for everyone involved in ensuring that the students became graduates. It’s also been fulfilling to see just how in-tune this next generation of African storytellers are with the importance of being multi-skilled and intuitive creatives,” Mrs Kooma continues “All this would not have been possible without the collaboration and commitment of our fantastic partners.”
The graduates from Zambia include; Abel Ngoma, Kaluba Mayowe, Masuzyo Mwale, Christine Mulemeli, Tasha Chitika, Edward Sakala and Cosmas Ng’andwe.
Congratulations to the Class of 2020 who are now alumni of the exceptional MTF Academy programme. The future of Africa’s creative industries looks bright!