03
Oct
Justicia Shipena The Namibian Competition Commission (NaCC) has recorded losses of N$65 million over the past three years. It lost N$20.9 million in 2023, N$18.5 million in 2024, and N$25.6 million in 2025. Auditor general Junias Kandjeke revealed the latest loss in his latest audit report on the NaCC for the financial year ending 31 March 2025. Despite the repeated shortfalls, the commission maintains that it remains financially stable. “The commissioners believe that the commission has adequate financial resources through the grant allocation to continue in operation for the foreseeable future,” the report stated. Despite these losses, Kandjeke said NaCC…
