Namibia Government Gazette dated 2022-06-13 number 7827

GOVERNMENT GAZETTE
OF THE

REPUBLIC OF NAMIBIA
N$8.00 WINDHOEK - 13 June 2022 No. 7827

CONTENTS
Page
GENERAL NOTICE

No. 260 Namibian Competition Commission: Notice in terms of Section 41 of the Competition Act, 2003 ......... 1
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General Notice
NAMIBIAN COMPETITION COMMISSION

No. 260 2022

NOTICE IN TERMS OF SECTION 41 OF THE COMPETITION ACT, 2003

The Namibian Competition Commission, in terms of Section 41 of the Competition Act, 2003
(Act No. 2 of 2003), herewith gives notice that it intends to submit to the High Court of Namibia
for confirmation as an order of the Court, a consent agreement entered into with Hollard Insurance
Company of Namibia Ltd on the 20 May 2022.

Section 40 of the Competition Act mandates the Namibian Competition Commission to enter into
settlement agreements with an undertaking or undertakings concerned, setting out the terms to be
submitted by the Commission by application to the Court for confirmation as an order of the Court.

The Consent Agreement, upon confirmation as an order of the Court, shall be in full and
final settlement of the Investigation and shall conclude the proceedings under case number
2017JAN0002COMP and case number.: HC-MD-CIV-ACT-OTH-2021/03064 in respect of
Hollard Insurance Company of Namibia Ltd.

V. NDALIKOKULE
CHIEF EXECUTIVE OFFICER AND SECRETARY
NAMIBIAN COMPETITION COMMISSION