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Originally published by Capital Business
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business
March 23, 2026
2h ago

COMESA warns firms against price hikes amid Middle East crisis

COMESA warns firms against price hikes amid Middle East crisis

CCCC Chief Executive Officer Willard Mwemba said the conflict is already triggering ripple effects, including crude oil price shocks and rising logistics costs that could drive inflation across the region. Kenya breaking news | Kenya news today |..

✨ Key Highlights

The COMESA Competition and Consumer Commission (CCCC) is warning businesses across its member states against exploiting the Middle East crisis for price gouging and engaging in anti-competitive practices.

  • The commission is particularly concerned about potential hikes in fertilizer and food prices due to oil price shocks and rising logistics costs.
  • The warning comes from CCCC Chief Executive Officer Willard Mwemba.
  • The CCCC stated it will "unapologetically enforce competition and consumer laws" and urged the public to report suspected violations.

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