Paramount Holdings Limited has been ordered to refund K6,160,000 to a complainant for selling defective fertilizer, following a crackdown by the Competition and Fair Trading Commission (CFTC) on unfair trading practices and anti-competitive behavior.

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South Africa

Malawi: Paramount Holdings Penalized for Selling Defective Fertilizer

Media Bias/Fact Check

Amadou Mahtar Ba

Paramount Holdings Limited has been ordered to refund K6,160,000 to a complainant for selling defective fertilizer, following a crackdown by the Competition and Fair Trading Commission (CFTC) on unfair trading practices and anti-competitive behavior. The penalty is part of K6.5 million in total refunds the Commission has directed various companies to pay to affected consumers. […]
The post Paramount Holdings Penalized for Selling Defective Ferti…

Nyasa Times

Malawi

Paramount Holdings Penalized for Selling Defective Fertilizer

The Competition Council has sanctioned the sunflower oil producer, the Floarea Soarelui SA enterprise, part of the Trans-Oil Group, and its distributor, Lux Proba Grup SRL, for an anti-competitive agreement.

Consiliul Concurenței a sancționat producătorul de ulei de floarea-soarelui, întreprinderea Floarea Soarelui SA, partea a Grupului Trans-Oil, și distribuitorul ei, Lux Proba Grup SRL, pentru un acord anticoncurențial.

Floarea-Soarelui SA și Lux Proba Grup SRL, penalizate pentru acord anticoncurențial

TVR MOLDOVA

Floarea-Soarelui SA and Lux Proba Grup SRL, penalized for anti-competitive agreement

Paramount Holdings Limited has been ordered to refund K6,160,000 to a complainant for selling defective fertilizer, following a crackdown by the Competition and Fair Trading Commission (CFTC) on unfair trading practices and anti-competitive behavior. The penalty is part of K6.5 million in total refunds the Commission has directed various companies to pay to affected consumers. […]

Afric Info

January 16, 2025 (MLN): The country’s overall nutrient offtake in December 2024 was 621 thousand tonnes, showing a 42.9% increase compared to December 2023, the latest monthly report of fertilizer offtake issued by the National Fertilizer Development Company (NDFC) showed. Among the nutrients, nitrogen, phosphate, and potash offtake increased significantly by 50.7%, 9.3%, and 0.8% on a year on year basis. 
  Dec-23 Dec-24 Change in % 
Nitrogen 3…

Malawi: Paramount Holdings Penalized for Selling Defective Fertilizer

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