Allexer Namundjembo
The Namibian Competition Commission (NaCC) has approved two merger transactions without conditions, finding that neither poses a risk to market competition in the country.
The decisions appear in government gazette No. 8691, dated 17July 2025.
The first merger involves Mpact Operations (Pty) Ltd and Seyfert Corrugated Western Cape (Pty) Ltd.
The commission received the merger proposal on 8 April .
Mpact produces paper-based packaging in Southern Africa. Seyfert manufactures corrugated packaging. Both companies are based in South Africa.
NaCC examined the potential impact of the merger on the Namibian market, focusing on corrugated boxes and packaging supply.
After review, it found the transaction would not significantly affect competition under section 47(2) of the competition act, 2003 and approved it without conditions.
The second transaction involves Nature Investment (Pty) Ltd and Palmeiras Hotel CC which the NaCC received the proposal on 7 May 2025.
Nature Investment is controlled by Gondwana Holdings Limited. Palmeiras Hotel, though inactive as a hospitality business, owns Erf No. 78, a commercial plot in Klein Windhoek zoned for office use.
NaCC assessed the market for office-zoned land in that area and found no competition concerns. It approved the merger without conditions.
Both decisions were signed by NaCC chairperson Andreas Penda Ithindi.
“The commission carefully assessed the facts presented by the merging parties. In both cases, we concluded that the mergers are unlikely to pose any competition or public interest concerns in Namibia,” said Ithindi.
He added that the approvals are based on submitted evidence and the provisions of the Competition Act.
Ithindi also emphasised that the NaCC retains the authority to revoke a merger decision under Section 48(1) if any party provides misleading information or fails to comply with conditions.
“The Commission remains vigilant and retains its legal powers to revoke a merger decision if the conditions or facts upon which approval was granted are violated or misrepresented,” Ithindi said.
