The Namibian Competition Commission was established in terms of the Competition Act 2 of 2003. The Act regulates competition issues across all sectors of the Namibian economy, having regulatory oversight of over 80 000 business entities. It became operational on 09 December 2009.
The Commission is tasked with providing consumers with competitive prices and product choices; promoting employment and advance the social economic welfare of Namibians; expanding opportunities for Namibian participation in world markets while recognizing the role of foreign competition in Namibia; ensuring that small undertakings have an equitable opportunity to participate in the Namibian economy; and promoting a greater spread of ownership, in particular to increase ownership stakes of historically disadvantaged persons.
Mission: To safeguard and promote competition in the Namibian economy.
Vision: Fair market competition.
Brand Promise: Fair competition, prosperous economy.
Values
- National economic interests come first
Our priority and commitment is to put in place national economic interests towards attainment of Vision 2030 ahead of any other considerations. - Impartiality
We shall be fair and equitable living our purpose and upholding principles of impartiality and confidentiality, regardless of the circumstances. - Consistency
We shall be consistent in our approach in every instance, regardless of the circumstances and pressure that may be brought to bear. - Accountability for our role
We accept our responsibilities and are accountable for all our decisions and actions. We uphold and respect decisions taken by the Commission, whether or not an individual was party to an agreement. - Integrity
We act with integrity in matters of substance and procedure insofar as executing the mandate of the Commission.
Contacts
Postal Address:
P.O.Box 2104, Windhoek
Tel no. +264 61 22 46 22 (w)
Fax no.: +264 61 401900