NaCC

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Namibia

The Namibian Competition Commission has transferred a total of N$65 million in penalties to the State Revenue Fund since its establishment in 2009, with the latest N$9 million payment made for the 2024/25 financial year.

The Namibian Competition Commission has transferred a total of N$65 million in penalties to the State Revenue Fund since its establishment in 2009, with the latest N$9 million payment made for the 2024/25 financial year. According to the NaCC, the N$9 million collected during the financial year came from settlement agreements in the non-financial (N$1 million), cement (N$5 million), and fuel and air transport (N$3 million) sectors. Here is the […]

today23 October, 2025

Business / Economics

Nasan Energies to acquire 53 service stations from Vivo Energy

Signing the deal are Jaco Van Rensburg and Miguel Hamutenya (Photo: Poiyah Media) Windhoek, Namibia, 17 September 2025 - Nasan Energies Namibia (Pty) Ltd has announced an agreement with Vivo Energy Namibia to acquire 53 Engen- and Shell-branded fuel service stations. The transaction, subject to approval by the Namibian Competition Commission, marks a historic step for the country’s energy sector and will establish Nasan Energies as one of Namibia’s first […]

today17 September, 2025

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.  

today30 July, 2024