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CEMENT COMPANIES UNDER PROBE FOR ALLEGED CARTELISTIC CONDUCT

THE Competition and Consumer Protection Unity (CCPU) is investigating cement manufacturing companies in the country for alleged cartelistic conduct.

CCPU Director Restrictive Business Practices Luyamba Kapembwa said investigations are currently underway against Lafarge Zambia PLC, Dangote Cement Zambia, Zambezi Portland Cement and Mpande Limestone Ltd,

Ms Kapembwa said the Competition’s investigations regarding suspected cartel conduct by some players in the cement manufacturing industry where instituted following public outcries.

She said the Commission has continued to receive complaints and quarries from the public on suspected cartelistic conduct in the cement sector relating to alleged price fixing.

“To this effect, the commission would like to update the general public that it has continued investigations of the suspected cartel against Lafarge Zambia PLC, Dangote Cement Zambia, Zambezi Portland Cement and Mpande Limestone Ltd,” she said.

Ms Kapembwa disclosed that interviews with persons and enterprises of interest are being conducted and that the Commission will continue to employ its robust investigative techniques in order to fully determine the case.

She further urged the public who may have information on any cartelist conduct that may be occurring in any sector of the economy to contact the commission.

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