insert_link Business / Economics Competition 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 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, […] today25 February, 2025
insert_link 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. today23 April, 2024
