{"id":267718,"date":"2019-05-30T14:19:33","date_gmt":"2019-05-30T12:19:33","guid":{"rendered":"https:\/\/informante.web.na\/?p=267718"},"modified":"2019-05-30T14:19:33","modified_gmt":"2019-05-30T12:19:33","slug":"competition-commission-calls-for-submissions-in-foreign-deals-2","status":"publish","type":"post","link":"https:\/\/informante.web.na\/?p=267718","title":{"rendered":"Competition Commission calls for submissions in foreign deals"},"content":{"rendered":"<div id=\"js_3\" class=\"_5pbx userContent _3576\" data-testid=\"post_message\" data-ft=\"{&quot;tn&quot;:&quot;K&quot;}\">\n<p>Zorena Jantze<br \/>\nTHE Namibian Competition Commission (NaCC) has called on stakeholders, as well as the public, to submit official complaints regarding the pending sales of R\u00f6ssing Uranium and the Erindi Private game reserve to foreign-owned companies.<\/p>\n<figure id=\"attachment_267723\" class=\"wp-caption alignleft\" style=\"width: 235px\"><a href=\"https:\/\/informante.web.na\/wp-content\/uploads\/2019\/05\/61749479_2266150043451943_234591792312352768_n.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-267723\" src=\"https:\/\/informante.web.na\/wp-content\/uploads\/2019\/05\/61749479_2266150043451943_234591792312352768_n-235x300.png\" alt=\"\" width=\"235\" height=\"300\" srcset=\"https:\/\/informante.web.na\/wp-content\/uploads\/2019\/05\/61749479_2266150043451943_234591792312352768_n-235x300.png 235w, https:\/\/informante.web.na\/wp-content\/uploads\/2019\/05\/61749479_2266150043451943_234591792312352768_n.png 334w\" sizes=\"auto, (max-width: 235px) 100vw, 235px\" \/><\/a><figcaption class=\"wp-caption-text\">Pictured: Dina Gowases &#8211; Photo Contributed<\/figcaption><\/figure>\n<p>The call comes amidst heightened contention on the sale of the country\u2019s oldest uranium mine, R\u00f6ssing, to China, as well as the Erindi Private game reserve to a Mexican billionaire.<br \/>\nLast Week, the NaCC\u2019s Director: Mergers and Acquisitions, Johannes Ashipala, stated that preliminary findings show that the 68.62% acquisition of R\u00f6ssing Uranium to China National Uranium Corporation (CNUC) undermines the competition commission\u2019s act.<br \/>\nHe further stated that this would impede competition in Namibian mines.<br \/>\nDina Gowases, spokesperson of the NaCC, stated that the Commission invites stakeholders, including customers, suppliers and competitors, to the merging parties or any party that has an interest in the matter to make written submissions to the Commission with 15 days from the date of publication of the notice on the Commission\u2019s website.<br \/>\nGowases added that pursuant to section 44(1) of the Competition Act, Act No. 2 of 2003, the Namibian Competition Commission receives merger notifications for determination taking into consideration the provisions of section 47 (2) of the Competition Act.<br \/>\n\u201cAccording to section 47(5) of the Competition Act, any person, including a person not involved as a party in the proposed merger, may voluntarily submit to an inspector or the Commission any document, affidavit, statement or other relevant information in respect of a proposed merger,\u201d Gowases explained.<br \/>\nOther mergers received by the commission, which are up for investigation, include Ohorongo Cement, which will be acquired by Singapore-based International Cement Group, ICG.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-267043\" src=\"https:\/\/informante.web.na\/wp-content\/uploads\/2019\/05\/Baby-and-Kids-Emporium-728x180px-Indesign.png\" alt=\"\" width=\"728\" height=\"180\" srcset=\"https:\/\/informante.web.na\/wp-content\/uploads\/2019\/05\/Baby-and-Kids-Emporium-728x180px-Indesign.png 728w, https:\/\/informante.web.na\/wp-content\/uploads\/2019\/05\/Baby-and-Kids-Emporium-728x180px-Indesign-300x74.png 300w\" sizes=\"auto, (max-width: 728px) 100vw, 728px\" \/><\/p>\n<p>&nbsp;<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Zorena Jantze THE Namibian Competition Commission (NaCC) has called on stakeholders, as well as the public, to submit official complaints regarding the pending sales of R\u00f6ssing Uranium and the Erindi Private game reserve to foreign-owned companies. The call comes amidst heightened contention on the sale of the country\u2019s oldest uranium mine, R\u00f6ssing, to China, as &#8230;<\/p>\n","protected":false},"author":11,"featured_media":267722,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27,24],"tags":[],"class_list":["post-267718","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Competition Commission calls for submissions in foreign deals - Informant\u00e9<\/title>\n<meta name=\"description\" content=\"THE Namibian Competition Commission (NaCC) has called on stakeholders, as well as the public, to submit official complaints regarding the pending sales of R\u00f6ssing Uranium and the Erindi Private game reserve to foreign-owned companies.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/informante.web.na\/?p=267718\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Competition Commission calls for submissions in foreign deals - 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