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Namibian financial institutions join forces for COP28

Rand Merchant Bank (RMB), a division of First National Bank (FNB) Namibia Ltd, will join forces with Bank Windhoek’s parent company, Capricorn Group, in a panel discussion focusing on innovative finance for the just transition at the Namibian pavilion at the 28th Conference of the Parties (COP28) held in Dubai on 4 December.
United Arab Emirates South Africa El Sherif Olufunso Somorin James Chapman Reem El Sherif

Regulator approves Heineken's control of Namibia Breweries …conditions set to protect local market and employees

The acquisition of Namibia Breweries Limited Investment Holdings and Distell Group Holdings by a massive Dutch brewer, Heineken International BV, has been approved with certain conditions by the Namibian Competition Commission (NaCC). 
South Africa South African Dina Gowases Edgar Brandt Heineken International Distell Group Holdings

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Vehicle insurance firms fined for allegedly fixing car repair prices

Vehicle insurance firms fined for allegedly fixing car repair prices Two vehicle insurance firms have agreed to pay a fine in a settlement agreement but investigations into five other firms are still ongoing. The Namibian Competition Commission has fined insurance firms, Santam Namibia and Hollard Insurance Company of Namibia, N$20.5 million for alleged “unintentional” price fixing, related to vehicle repair work, in a settlement agreement. The settlement agreement still needs to be made an...
South Africa South African Alexander Forbes Namibian Competition Commission Phoenix Namibia Assurance Company Ltd Term Insurance Company Namibia Ltd

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