By: Nghiinomenwa-vali Hangala
A Competition Impact Assessment prepared for the country’s competition watchdog has revealed that 79% of the stakeholders and laws assessed indicate that there are anti-competitive behaviours and practices across various sectors.
The report, prepared by Inceptus Holdings, examined market distortions across 160 laws, policies, and regulations to promote competitive neutrality and growth in Namibia’s evolving economy. More guidance is needed in developing a framework for reform that promotes fair competition and said economic development. This report was presented to stakeholders early this week.
The findings revealed systemic market distortions embedded within Namibia’s regulatory architecture, requiring urgent structural reforms to promote competitive neutrality. Of the stakeholders consulted, 79% have observed anti-competitive practices across Namibian economic sectors.
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