Competition policy crucial for SADC-PS

Speaking yesterday at the SADC Regional Conference on Competition Policy and Law, Permanent Secretary (PS) at Ministry of Trade, Banny Molosiwa said that anti-competitive behaviour will nullify markets.

"The liberalisation of markets in the region does not only open up opportunities, but also brings along some challenges in terms of ensuring fair competition in such liberalised markets," she said. At a recent summit in South Africa, 11 members of SADC signed an agreement for a Free Trade Area that paves way for the removal of tariffs and non-tariff barriers.