!Gawaxab, associates fined N$1 million for contravening merger regulations
Breadcrumb
The Namibian Competition Commission (NaCC) has fined the Governor of the Bank of Namibia, together with two other parties, N$1 million for contravening merger regulations.
The fine pertains to Johannes !Gawaxab's business undertakings before his appointment by the late President Hage Geingob as the Governor of the Central Bank.
!Gawaxab was appointed as Governor of the Bank of Namibia in 2020.