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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.

todayOctober 23, 2025 11

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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 Spokesperson of the Namibian Competition Commission, Dina //Gowases.
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    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.
    Angie Scholtz

Written by: Madeline

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