Namibian Competition Commission Archives

CMB.TECH subsidiary acquires O&L Group’s stake in Cleanergy Solutions

H₂Infra NV, a subsidiary of Belgian clean energy company CMB.TECH, has acquired the Ohlthaver & List (O&L) Group’s 51% stake in Cleanergy Solutions Namibia, positioning itself as the sole shareholder of the hydrogen venture. The transaction, announced this week, is still subject to approval by the Namibian Competition Commission. Once finalised, the deal will give CMB.TECH full ownership of Cleanergy Solutions, which operates one of Namibia’s flagship green hydrogen pilot […]

20 October, 2025

Business / Economics

12 June 2024 Morning Biz News: “Market Dynamics Shift: Vitol Divests, Rand Strengthens, Nigeria Explores LNG, Dollar Steadies”

Fair Competition Ensured as Vitol Emerald Bidco Divests from Service Stations in Namibia In a move to uphold fair competition in Namibia's fuel market, Vitol Emerald Bidco (Pty) Ltd has announced its decision to divest from 58 Engen and Shell service stations. This decision comes in the wake of its acquisition of Engen Ltd and is in compliance with conditions set by the Namibian Competition Commission. The aim behind this […]

12 June, 2024

Namibia

Competition Commission Imposes Fine on Bank of Namibia Governor and Others for Unapproved Merger

The Namibian Competition Commission has fined Bank of Namibia Governor Johannes !Gawaxab, Ismael Gei-Khoibeb, and Gamma Investments CC for executing a merger without the necessary approval from the watchdog. According to NaCC's statement, !Gawaxab sold his stake in Gamma to Gei-Khoibeb on June 10, 2020, violating the Competition Act. Corporate Communications Practitioner at NaCC, Dina //Gowases.

10 May, 2024

Namibia

Namibian Competition Commission Imposes Over N$13 Million Fines on Collusive Insurance Companies

The Namibian Competition Commission has fined insurance companies N$13.1 million for collusive practices. The first investigation revealed collusion in setting fixed prices for panel beating services, while the second uncovered restrictive agreements with windscreen retailers. This information comes from Dina //Gowases, Corporate Communications Practitioner at the NaCC.

7 May, 2024