Technical Overview

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Media Centre

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UPDATE ON CONSUMER PRICE EXPLOITATION COMPLAINTS

The Commission wishes to notify the public that it has over the past 4-5 weeks received numerous complaints from the public about significant increases in prices of various products in the wake of the prevailing COVID-19 pandemic. The Commission’s further price movement analysis indicates clear evidence of price exploitation, as prices increased 14% to over 1000% in respect ...

REPORT PRICE HIKES DURING LOCKDOWN!

Dear Stakeholders, You are urged to report any price increases on essential products, since the lockdown commenced, in retail outlets without delay to the Commission. The Commission will investigate and penalize anyone found guilty of such exploitatory behaviour towards consumers during these unprecedented times. Kindly lodge such complaints via email to the following email addresses: ashley.tjipitua@nacc.com.na; ...

Extension of Commission's Operational Measures During Lockdown Due to COVID-19 Outbreak

  Dear Stakeholders, ...

Mergers and Acquisitions Case List 2020

  Hereto attached is a list of mergers under investigation by the Commission for the year 2020. The Case List will be updated from time to time to reflect the status and any new mergers being investigated for the relevant period. According to Section 47(5) of the Competition Act No.2 of 2003, “...

Media Statement Commission fines Santam and Hollard for price fixing 24July2019

The Commission has concluded settlement agreements with Santam Namibia Ltd (“Santam”) and Hollard Insurance Company of Namibia Ltd (“Hollard”) in respect of an investigation relating to alleged price fixing in contravention of the Competition Act No.2 of 2003. ...

The Commission introduces the Corporate Leniency Programme 22 October 2018

The Commission introduced its Corporate Leniency Programme which provides a framework for businesses engaged in cartel conduct to report such actitivities and hand over evidence in that regard in return for lenient treatment. ...

INVESTIGATION INTO ALLEGED PRICE FIXING BY PHARMACIES

The Namibian Competition Commission (“the Commission”) confirms that it has commenced an investigation for price fixing against the Pharmaceutical Society of Namibia (“PSN”) and over 200 registered pharmacies. The Commission’s investigation is based on allegations that the PSN, a voluntary association of pharmacies has in place a rule that requires pharmacies to impose a uniform 50% mark-up on the dispensing of medicines. Mark-ups refer to the margin...

Commission conducts its first dawn raid, 20 September 2016

The Commission conducted its first ever entry, search and seizure ("dawn raid") operation from 15-16 September 2016. The dawn raid was conducted on the premises of Puma Energy Namibia (Pty) Ltd ("Puma") as part of an investigation which the Commission is conducting against Puma for alleged abuse of a dominant position regarding the supply of aviation fuel (Jet A-1 and Avgas) at the Eros and Ondangwa airports. ...

NaCC and NSA Signed MoU,09June 2016

The Commission signed a memorandum of understanding with the Namibia Statistics Agency (NSA) in order to strengthen and cement areas of cooperation in the gathering and capturing of macro and micro economic data. ...

New Merger Thresholds have been gazetted on 21 December, 2015.

The thresholds and an explanatory note setting out the Commission’s interpretation thereof have been uploaded and viewed here ...

NaCC BoN In Spat Over Fuel Cards

The Commission expressed concern over the constraint in the choice of method of payment as a result of the process of the phased out fuel cards. ...

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