{"id":11821,"date":"2021-12-20T19:50:31","date_gmt":"2021-12-20T19:50:31","guid":{"rendered":"https:\/\/www.africa-press.net\/malawi\/all-news\/supreme-court-snubs-airtel-malawi-over-k2-1-billion-fine-3"},"modified":"2021-12-20T20:24:11","modified_gmt":"2021-12-20T20:24:11","slug":"supreme-court-snubs-airtel-malawi-over-k2-1-billion-fine-3","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/malawi\/all-news\/supreme-court-snubs-airtel-malawi-over-k2-1-billion-fine-3","title":{"rendered":"Supreme Court snubs Airtel Malawi over K2.1 billion fine"},"content":{"rendered":"

Africa-Press – Malawi. <\/strong><\/span>The Supreme Court of Appeal has rejected Airtel Malawi\u2019s application for a stay order over the K2.1 billion fine which Competition and Fair-Trading Commission (CFTC) ordered the company to pay.<\/p>\n

The mobile phone service provider asked the Supreme Court of Appeal for a stay of the fine until there is a determination on Airtel\u2019s appeal against the CFTC decision.<\/p>\n

In his ruling, Justice Lovemore Chikopa has dismissed the application, saying the fact that the fine is huge is not in itself justification of potential injustice. CFTC fined Airtel Malawi in September last year for failing to pay Khethekhethe bonuses to customers who qualified for the bonuses.<\/p>\n

Airtel promotes the Khethekhethe bonus facility where it rewards customers every time they spend K1000 on voice call or data but CFTC found that customers were not being rewarded automatically.<\/p>\n

The commission said by forfeiting the bonuses of its customers to its advantage, Airtel made a financial gain of K2.1 billion. In 2019, Airtel was also fined K820 million for failing to sell 20 percent of the company\u2019s shares to Malawian investors. Airtel Malawi hit with K2.1 billion fine<\/p>\n

For More News And Analysis About Malawi<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Malawi. The Supreme Court of Appeal has rejected Airtel Malawi\u2019s application for a stay order over the K2.1 billion fine which Competition and Fair-Trading Commission (CFTC) ordered the company to pay. The mobile phone service provider asked the Supreme Court of Appeal for a stay of the fine until there is a determination […]<\/p>\n","protected":false},"author":84,"featured_media":11820,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,8,12],"tags":[233,371,758,527,234,1057],"class_list":["post-11821","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-homepage-english","category-policy","tag-africa-press","tag-africa-press-malawi","tag-airtel","tag-courts","tag-malawi","tag-malawi-supreme-court-of-appeal"],"yoast_head":"\nSupreme Court snubs Airtel Malawi over K2.1 billion fine - Malawi<\/title>\n<meta name=\"description\" content=\"The Supreme Court of Appeal has rejected Airtel Malawi\u2019s application for a stay order over the K2.1 billion fine which C ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/malawi\/all-news\/supreme-court-snubs-airtel-malawi-over-k2-1-billion-fine-3\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Supreme Court snubs Airtel Malawi over K2.1 billion fine\" \/>\n<meta property=\"og:description\" content=\"The Supreme Court of Appeal has rejected Airtel Malawi\u2019s application for a stay order over the K2.1 billion fine which C ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/malawi\/all-news\/supreme-court-snubs-airtel-malawi-over-k2-1-billion-fine-3\" \/>\n<meta property=\"og:site_name\" content=\"Malawi\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-20T19:50:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-12-20T20:24:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2021\/12\/img-61c0e64dc46d6.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1412\" \/>\n\t<meta property=\"og:image:height\" content=\"786\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/supreme-court-snubs-airtel-malawi-over-k2-1-billion-fine-3#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/supreme-court-snubs-airtel-malawi-over-k2-1-billion-fine-3\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Supreme Court snubs Airtel Malawi over K2.1 billion fine\",\"datePublished\":\"2021-12-20T19:50:31+00:00\",\"dateModified\":\"2021-12-20T20:24:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/supreme-court-snubs-airtel-malawi-over-k2-1-billion-fine-3\"},\"wordCount\":207,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/supreme-court-snubs-airtel-malawi-over-k2-1-billion-fine-3#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2021\/12\/img-61c0e64dc46d6.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Malawi\",\"airtel\",\"courts\",\"Malawi\",\"Malawi Supreme Court of Appeal\"],\"articleSection\":[\"all news\",\"homepage-english\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/malawi\/all-news\/supreme-court-snubs-airtel-malawi-over-k2-1-billion-fine-3#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/supreme-court-snubs-airtel-malawi-over-k2-1-billion-fine-3\",\"url\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/supreme-court-snubs-airtel-malawi-over-k2-1-billion-fine-3\",\"name\":\"Supreme Court snubs Airtel Malawi over K2.1 billion fine - 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