NCC sanctions PAN in interchange fee fixing probe

NAMPA

2025-07-15

WINDHOEK, 03 October 2010 -Information and Communication Technology Minister Joel Kaapanda pictured with new re-appointed Namibia Communications Commission (NCC) Board members Selma Ankambo(left),Kombandayendu Kapwanga and Margaret Beukes-Amiss (Chairperson) here on Wednesday.(Photo by: Etuna Shikalepo) NAMPA

WINDHOEK, 15 JUL – The Namibian Competition Commission (NCC) on Monday reached a N.dollars 319 650 settlement with the Payments Association of Namibia (PAN) over alleged anti-competitive conduct related to interchange fee fixing among major commercial banks.

In a statement issued by Corporate Communications Practitioner Dina //Gowases, the NCC noted that, in terms of Section 41 of the Competition Act No. 2 of 2003, it intends to submit the conse...

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