insert_link Business / EconomicsCompetition Commission Transfers N$9 Million in Penalties to State The Competition Commission has contributed N$65 million in penalties to the State Revenue Fund since 2009, including N$9 million for the 2024/25 financial year. The latest payments came from settlement agreements in the non-financial, cement, and fuel and air transport sectors. Dina //Gowases is the Commission’s spokesperson: today23 October, 2025
insert_link South AfricaSA Competition Commission appeals rand manipulation case in Constitutional Court Constitutional Court chamber SA (Photo: ICJ) South Africa’s Competition Commission has escalated its rand manipulation case to the Constitutional Court, appealing a ruling that dismissed charges against several banks. The hearing, which runs until Friday, aims to revive allegations that 13 banks colluded to rig the rand–dollar exchange rate between 2007 and 2013. The Commission maintains that the alleged misconduct undermined South Africa’s financial system and distorted the currency market […] today19 August, 2025
insert_link NamibiaNamibia 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 […] today26 February, 2025
insert_link Business / EconomicsGoogle 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, […] today25 February, 2025
