2024 Competition act namibia

Competition act namibia

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August undefined, 2024

WebMay 14, 2024 · On 2 December 2024, the Botswana Competition Act 2 of 2024 (Competition Act) came into force. The implications of the new Competition Act have been highlighted in a previous article which can be found here. Pursuant to the Competition Act, the Botswanan Competition and Consumer Authority (BCCA) issued regulations … WebCOMPETITION ACT 2003 . Act No2 OF 2003 . RULES . The Namibian Competition Commission, under section 22 of the . Competition Act, 2003 (Act 2 of 2003), with …

Guide to Key African Merger Control Regimes: 2024

WebApr 3, 2003 · 2. Purpose of Act. The purpose of this Act is to enhance the promotion and safeguarding of competition in Namibia in order to -. (a)promote the efficiency, adaptability and development of the Namibian economy; (b)provide consumers with competitive … Recent judgments Afrihost Trading Group (Pty) Ltd v Montgomery and Others (HC … WebJul 23, 2024 · Section 26 of the Namibian Competition Commission Act 2 of 2003 must be interpreted to apply on a “per se”, “by object” or “presumptive” basis, with the … bower hinton farm shop

BOTSWANA’S NEW COMPETITION ACT - Bowmans

WebSep 8, 2024 · MEDIA STATEMENT Input on Exemption Application for Voluntary Dairy Local Sourcing Scheme 14/4/2024 . The Commission here by informs that it has received an exemption application in terms of Section 27(1) of the Namibia Competition Act No.2 of 2003, from the Namibia Trade Forum (NTF) as well as the producers, distributors and … WebApr 14, 2024 · Bank of Namibia and the Ministry of Justice have proposed this new legislation as part of the requirements identified as necessary to prevent Namibia’s greylisting. Webcompetition in India 33. Power to issue interim orders 31 34. [Omitted by the Competition (Amendment) Act, 2007] 32 35. Appearance before Commission 32 36. Power of Commission to regulate its own procedure 33 37. [Omitted by the Competition (Amendment) Act, 2007] 34 38. Rectification of orders 35 39. bower hinton

Wal-Mart Stores Inc v Chairperson of Namibian Competition …

Media Statements, Speeches & Interviews - Competition …

WebThe NaCC lodged legal proceedings at the High Court of Namibia (being the court of first instance) against the insurers and contracted windscreen retailers, some of which have settled with the NaCC with a view of curbing legal costs. ... The High Court had to determine was whether section 26(1) of the Namibian Competition Act should be ... WebDec 18, 2024 · The independent Republic of Namibia, which gained independence from South Africa in 1990, is situated on the south west coast of Africa, bordered by the … gulf asian english school muweilahWebJul 16, 2013 · In the Supreme Court’s view, the Namibian Competition Act makes it clear that the Minister is not only empowered to confirm or overturn a decision of the Namibian … gulf asian english school in sharjah

"Webcompetition in Namibia; ensure that small undertakings have an equitable opportunity to participate in the Namibian economy; and promote a greater spread of ownership, in … " - Competition act namibia

Competition act namibia

Key competition law updates in Africa: Part 2 - Cliffe Dekker …

Webmade or is seeking to make an investment into Namibia in terms of this Act; “freely convertible currency” means any currency designated as such by the Bank of Namibia established by section 2 of the Bank of Namibia Act, 1997 (Act No. 15 of 1997); “interest rate” means the percentage rate to be paid by reference to the LIBOR (London WebApr 28, 2011 · Namibia Citation Wal-Mart Stores Inc v Chairperson of Namibian Competition Commission and Others (1) (APPEAL 61 of 2011) [2011] NAHC 126 (28 April 2011 ... of the Competition Act, 2003, in order to promote a greater spread of ownership, in particular to increase ownership stakes of historically disadvantaged persons. ...

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WebMay 19, 2016 · THE Namibian Competition Commission (NaCC) has issued an explanatory note to the business community on how the Competition Act operates. The … Webpowers and functions of the Competition Authority and the Competition Tribunal, and for connected purposes . ENACTED . by the Parliament of Kenya, as follows― PART I PRELIMINARY . 1. This Act may be cited as the Competition Act, 2010, and shall come into operation on 1. st. August, 2011. 2. In this Act, unless the context otherwise requires―

WebCompetition Act 2 of 2003. The Competition Act was issued to safeguard and promote competition in the Namibian market; to establish the Namibian Competition … WebApr 14, 2024 · Bank of Namibia and the Ministry of Justice have proposed this new legislation as part of the requirements identified as necessary to prevent Namibia’s …

WebSep 18, 2024 · The Namibian Competition Commission (Commission) recently issued a request for written submissions on the Namibian Competition Draft Bill (Bill) (accessible … WebApr 16, 2024 · The NCP outlines the principles, aims and objectives that will guide Namibia’s competition policy framework over the next ten years. The policy is …

WebFeb 9, 2024 · Namibia – the Namibian Competition Commission published the Namibian Competition Bill in 2024, which proposes a repeal of the existing Competition Act and …

Web2 days ago · The IOC Framework encourages bodies governing individual sports—“particularly those in charge of organising elite-level competition”—to develop eligibility criteria for sex-separate competition that “tak[e] into consideration the nature of each sport,” id. at 1, to work together to “advance inclusion and prevent discrimination ... bower hinton sewingWebApr 23, 2024 · Key competition law updates in Africa: Part 2. This is the second of a three-part series covering key competition law developments across several African jurisdictions. Part 1 considered recent updates in COMESA and Namibia ( accessible here ). This alert covers key changes in Mozambique, Tanzania, South Africa and Uganda. … gulf ashbourneWebThe Namibian Competition Act (“the Namibian Act”) was promulgated in 2003, and has been in force since March 2008. As under the South African competition law regime, the Namibian Act also contains merger regulation provisions. The Namibian Act stipulates that a merger occurs when one or more undertakings directly gulf asphalt companyWebFeb 13, 2024 · The Act regulates competition issues across all sectors of the Namibian economy, having regulatory oversight of over 80 000 business entities. It became … bower hinton martockWebThis Act (Act 27 of 1990) and its amending act (Act 24 of 1993) are both repealed by the Namibia Investment Promotion Act 9 of 2016 (GG 6110). However, that Act has not yet been brought into force. ACT . To make provision for the promotion of foreign investments in Namibia. (Signed by the President on 19 December 1990) ARRANGEMENT OF … gulf asian english school websiteWebNamibia Active Competition Act 2 of 2003 Rules made under the Competition Act 2003. SADC. See page 32. Guide to African Merger Control Regimes: 2024 9 Jurisdiction Status of domestic merger control Relevant Legislation, Regulations and Guidelines Relevant regional body Notes bower hinton pubWebMay 25, 2024 · Friday, May 25, 2024. The President of Botswana, Mokgweetsi Masisi, has assented to a new Competition Act, 17 of 2024 (the new Act), which is still to come into effect. The new Act will repeal the current competition legislation and will introduce certain important changes, including criminal liability for cartel conduct. gulf asphalt contractors