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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Competition Commission

11 Results / Page 1 of 2

Background
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Namibia

Competition commission achieves only 56% of performance target

The Auditor-General has provided an unqualified audit opinion on the Namibian Competition Commission's financial statements for the fiscal year ending March 31, 2024, confirming that the Commission's financial records accurately represent its status in line with International Financial Reporting Standards. Conducted in accordance with international auditing standards, the audit revealed no major issues with the Commission’s financial practices. The Auditor-General stated that he found ample audit evidence to support his […]

todayOctober 31, 2024 26

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Namibia

Competition Commission Says Settlement Reached Over Unapproved Merger

The Competition Commission has reached a settlement with Fan Qingmei, Wang Zhongke, Hong Xiang Holdings, and Whale Rock Cement. The agreement follows an investigation revealing that these parties violated regulations by implementing a merger without the Commission's prior approval. Zhongke acquired shares in Hong Xiang Holdings from Qingmei, which holds a 70% stake in Whale Rock Cement and controls the company.The commission's, Dina //Gowases. t

todayAugust 2, 2024 44

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Business / Economics

Auto industry faces new guidelines

The Namibian Competition Commission is developing industry guidelines to address anti-competitive practices in the automotive sector. The proposed guidelines will, according to the Commission, improve market conditions by promoting fair competition, transparency, and consumer protection. The development follows an investigation launched in 2018 into the conduct of original equipment manufacturers, vehicle dealerships, and panel beaters. NaCC spokesperson Dina //Gowases.  

todayJuly 30, 2024 37

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Namibia

Competition Commission Probes Namibian Broadcasting Corporation for Potential Anti-Competitive Actions

The Namibian Competition Commission is investigating the Namibian Broadcasting Corporation for suspected violations related to market access restrictions and hindering technological development. NBC has been given 30 days to address allegations of limiting market access for other free-to-air broadcasters on the Digital Terrestrial Television Network. Dina //Gowases of the commission.    

todayJuly 9, 2024 52

Namibia

Katutura Residents Committee Leadership Meets Ombudsman over City of Windhoek Concerns

The leadership of the Katutura Residents Committee paid a visit to the Ombudsman's office to inquire about issues previously raised, only to uncover further confirmed problems within the City of Windhoek. Expressing disappointment at the City's evasive stance, Ombudsman Basilius Dyakhuga stated his intention to formulate recommendations for the National Assembly. Leader Shaun Gariseb shared this update regarding the Competition Commission of Namibia.

todayApril 30, 2024 49

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Business / Economics

Namibian Competition Commission accuses banks of price-fixing

The Namibian Competition Commission has accused the Payments Association of Namibia and several commercial banks of colluding in price-fixing activities related to card transaction fees. According to the Commission, the banks, which are competitors in the market, allegedly colluded with PAN to collectively set interchange fees, a practice deemed anti-competitive and prohibited by law. Here is the NaCC spokesperson Dina //Gowases with more details.

todayApril 23, 2024 65

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South Africa

Competition Commission of South Africa says it will continue to act against schools that not following school uniform guidelines

The Competition Commission of South Africa says it will continue to act against schools that not following school uniform guidelines in the country. In 2021, the commission reached an agreement that schools abandon exclusivity deals with suppliers. But many schools across the country have not implemented this, and the commission has already received over 220 complaints. The commission’s spokesperson, Karabo Motaung, has told ENCA that the commission is still taking […]

todayJanuary 8, 2024 43

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Business / Economics

Competition Commission investigates merger violations

The Namibian Competition Commission says there are a few cases that they are currently investigating. In addition, 10 cases of contravention of merger regulations are under investigation and the mergers division is monitoring a further 37 cases. Meanwhile, in respect to anti-competitive conduct, the Commission during 2023, handled 19 investigations, of which six have been completed. Here is the Director of Enforcement and Cartels Division at NaCC, Paulus Hangula with […]

todayDecember 13, 2023 15

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