• Contact Us
  • About Us
  • Advertisement
  • Privacy & Policy
Friday, July 11, 2025
SUBSCRIBE
The Brief | Namibia's Leading Business & Financial News
26 °c
Windhoek
22 ° Wed
25 ° Thu
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
  • e-edition
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
  • e-edition
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
Subscribe
No Result
View All Result
TB image banner 750x140
Home Latest

NaCC investigates King Price, Deep Catch acquisition

by editor
October 13, 2021
in Latest
44
A A
57
SHARES
956
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

You might also like

India-Namibia trade tops N$14.2 billion as Modi calls for deeper ties

NIPAM launches the Public Sector Awards

Fitch sees stable future for NamWater despite weak operating conditions

The Namibian Competition Commission (NaCC) is currently investigating nine mergers, with short-term insurer King Price and Deep Catch among some of the companies targeted.

 A schedule from the NaCC shows that Mergon Foundation NPC, a not-for-profit trust fund with investment in businesses operating across multiple industries, has targeted to acquire the short-term insurer. 

Mergon is a founding investor in King Price when it entered the South African short-term insurance market in 2012.  

Deep Catch Namibia Holdings (Pty) Ltd, which specialises in the import and export, wholesale, distribution, and supply of perishable food products such as  meat, fish and poultry, has been targeted for acquisition by South Africa’s Imperial Capital Ltd for an undisclosed amount. 

Imperial Capital, is  100% owned by  Imperial Logistics, a public company listed on the Johannesburg Stock Exchange and the holding company of Imperial’s African businesses, with businesses ranging from transportation, distribution, and logistics services. 

Imperial Logistics and its various subsidiaries, collectively known as Imperial Group of Companies, are the transport and logistics providers in various African countries, and also providers of contract logistics and freight services in Europe and the United Kingdom. 

French company, InnoVent is also seeking  approval from the NaCC to acquire Quantum Power Namibia B.V, a Netherlands registered company currently in the process of developing a 44MW electricity generating plant project through wind generators. 

InnoVent is an independent company which installs and operates wind and solar farms in France and Africa.  

“Kindly note that due to the processes and procedures that we have to follow with due diligence regarding mergers under investigation, reaching determinations requires time,” NaCC Spokesperson, DinaGowases told The Brief.

 

 

 

author avatar
editor
See Full Bio
Tags: companies
Share23Tweet14Share4
Previous Post

Merck to make billions off Covid pill

Next Post

PPU probs 18 public entities

Recommended For You

India-Namibia trade tops N$14.2 billion as Modi calls for deeper ties

by reporter
July 10, 2025
0
India-Namibia trade tops N$14.2 billion as Modi calls for deeper ties

India-Namibia bilateral trade has exceeded N$14.2 billion (US$ 800 million), Indian Prime Minister Narendra Modi announced during an address to the Namibian Parliament, reaffirming his country’s commitment to...

Read moreDetails

NIPAM launches the Public Sector Awards

by reporter
July 9, 2025
0
NIPAM launches the Public Sector Awards

The Namibia Institute of Public Administration and Management (NIPAM) will host its first-ever Public Sector Awards on 11 July 2025 at the NIPAM Campus in Windhoek. This groundbreaking...

Read moreDetails

Fitch sees stable future for NamWater despite weak operating conditions

by reporter
July 7, 2025
0
Fitch sees stable future for NamWater despite weak operating conditions

Fitch Ratings has affirmed Namibia Water Corporation (NamWater) Limited’s long‑term foreign‑ and local‑currency issuer default ratings at BB‑ with a stable outlook. According to the report, despite operating...

Read moreDetails

NAMCOR posts N$1.26 billion loss, debt stands at N$1.6 billion

by reporter
July 6, 2025
0
NAMCOR posts N$1.26 billion loss, debt stands at N$1.6 billion

The National Petroleum Corporation of Namibia (NAMCOR) has posted a net loss of N$1.26 billion for the 2022/23 financial year, largely due to the underperformance of its trading...

Read moreDetails

NamRA rules out extension to individual tax return deadline

by reporter
June 30, 2025
0
NamRA rules out extension to individual tax return deadline

The Namibia Revenue Agency (NamRA) maintains that 30 June remains the official deadline for submitting individual income tax returns, urging taxpayers to file without delay. Speaking on the...

Read moreDetails
Next Post
PPU probs 18 public entities

PPU probs 18 public entities

Related News

How updating retirement annuity beneficiaries protects your legacy

How updating retirement annuity beneficiaries protects your legacy

June 27, 2025
Mining sector pumps N$15.3 billion into local economy

Mining sector pumps N$15.3 billion into local economy

April 28, 2022
Data rakes in millions for Namibia’s telcos

Data rakes in millions for Namibia’s telcos

April 25, 2023

Browse by Category

  • Africa
  • Agriculture
  • Analysis
  • Business & Economy
  • Columnists
  • Companies
  • Finance
  • Finance
  • Fisheries
  • Green Hydrogen
  • Health
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • Namibia
  • namibia
  • News
  • Opinions
  • Property
  • Retail
  • Technology
  • Tourism
  • Trade
The Brief | Namibia's Leading Business & Financial News

The Brief is Namibia's leading daily business, finance and economic news publication.

CATEGORIES

  • Business & Economy
  • Companies
    • Agriculture
    • Finance
    • Fisheries
    • Health
    • Property
    • Retail
    • Technology
    • Tourism
    • Trade
  • Finance
  • Green Hydrogen
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • namibia
  • News
    • Africa
    • Namibia
  • Opinions
    • Analysis
    • Columnists

CONTACT US

Cell: +264814612969

Email: newsdesk@thebrief.com.na

© 2025 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Companies
  • Mining & Energy
  • Business & Economy
  • Opinions
    • Analysis
    • Columnists
  • Africa

© 2025 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.