Trade Minister Dr Bandula Gunawardena said tough action will be taken against businessmen who sell rice above the maximum retail price (MRP) imposed on rice by the gazette as of Wednesday. . Speaking to the media, Minister Gunawardena stressed yesterday that all businessmen must act according to the directives givenRead More →

As South Africa prepares for Finance Minister Tito Mboweni’s medium-term budget speech this week, it becomes increasingly clear that the country needs a new post-Covid-19 approach to the tobacco industry, said Zacharia Motsumi, spokesperson for South Africa Tobacco Transformation. Alliance. The alliance represents approximately 11,000 tobacco growers, processors and manufacturersRead More →

A typical price fixing agreement usually takes the form of a cartel, that is, a price fixing agreement between competitors. Pricing is also prohibited for companies in a vertical relationship (active at different levels of the supply chain, such as a manufacturer and a retailer). In a vertical relationship, theRead More →

Read the article On the grounds that it is a pricing authority and cannot decide on patents, the National Pharmaceutical Pricing Authority (NPPA) rejected AstraZeneca’s plea regarding Micro Lab’s representation for the tablet to prolonged release of Dapagliflozin + metformin hydrochloride. The formulation was part of a list of 26Read More →

AFBF’s Market Intel series looked at the impact COVID-19 has had on the livestock, beef and pork markets during the pandemic. Food production has been significantly disrupted, especially at livestock processing facilities, where labor shortages and worker protection measures have slowed the throughput of factories across the country and evenRead More →