Competition Commission

Namibia Lacks Laws to Compel Tech Giants to Pay Media

The Namibian Competition Commission has stated that the country does not have laws similar to South Africa’s, where tech giants have been ordered to compensate the media. This as South Africa’s Competition Commission recently ruled that Google must pay local media between R300 million and R500 million for using their content, as the platform benefits by an estimated R800 million to R900 million annually. Eric Mhunduru from NewsOnOne on One […]

26 February, 2025 40

Business / Economics

Google ordered to pay South African media up to R500 million annually

South Africa’s Competition Commission has ruled that tech giant Google must pay local news media between R300 million and R500 million annually to address lost advertising revenue and competition imbalances. The decision follows an inquiry that found Google benefits from South African news content by as much as R900 million per year, while local media houses suffer losses ranging from R300 million to R500 million. In addition to financial compensation, […]

25 February, 2025 44

Business / Economics

S.A. Trade and Industry Minister Welcomes Fresh Produce Market Inquiry Report

S.A's Trade and Industry minister Parks Tau has welcomed the Fresh Produce Market Inquiry’s final report led by the Competition Commission. The inquiry, which released provisional findings in June last year, noted how the inconsistency of several by-laws harmed competition. The domestic fresh produce market in the country is estimated to be valued at 53-billion-rand annually. The ministry’s spokesperson, Yamkela Fanisi, says the 31 remedies presented in the report […]

14 January, 2025 34

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 […]

31 October, 2024 41

Business / Economics

Competition Commission Approves Dundee-Sinomine Merger with Employment Conditions

The Competition Commission has approved the merger between Dundee Precious Metals Tsumeb Holdings and China’s Sinomine Resource Group, provided there are no retrenchments of Namibian employees for three years. The companies must also maintain a minimum ratio of 92% local employees to foreign employees. NaCC spokesperson: Dina //Gowases.

23 August, 2024 66

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

2 August, 2024 61

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.

30 July, 2024 49

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.

9 July, 2024 69

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.

30 April, 2024 60