The Enquirer, 26th Feb- 04th March 03

The Consumer Unity & Trust Society (CUTS) has launched its first report on the competition regime in Zambia, which has coincided with the national reference group.

Officiating at the launch, deputy Commerce minister, Eugene Appel said enforcing competition laws in Zambia would require many palyers in order to focus on global trade.

Mr. Appel added that the removal of complicated vices in trade had brought more people in business. Mr. Appel also pointed out that there was need to harmonise trade.

“Though we cry for trade, we are not at the same level,” Mr. Appel said.

In response, Professor Oliver Saasa, speaking on behalf of the Zambia Competition Commission (ZCC) remarked that the world was becoming a global village, which needed to be supported by domestic systems.

“This launch,” Prof. Saasa siad, “will enable us to improve our performance.”

Mrs. Helen Lungu Banda, a local consultant, observed that the performance of the ZCC had to improve to a position where it could effectively handle complex international mergers and takeovers.