NaCC Approves Pepkor’s Deal to Buy Big Daddy Clothing and OK Furniture



NaCC Approves Pepkor’s Deal to Buy Big Daddy Clothing and OK Furniture - The Updated World
NaCC Approves Pepkor’s Deal to Buy Big Daddy Clothing and OK Furniture – The Updated World

The Namibian Competition Commission (NaCC) has given the green light for Pepkor to buy Big Daddy Clothing and OK Furniture through JD Financial Services. This means Pepkor is now allowed to take over these two businesses.

The deals were approved with some conditions to make sure there is still fair competition in the market. This was shared by Dina //Gowases, who works as the Corporate Communications Practitioner at NaCC.

What is NaCC?
The Namibian Competition Commission, or NaCC, is a government body that checks business deals to make sure no company becomes too powerful. Its job is to protect customers and ensure all businesses get a fair chance to compete.

Before any big business deal can go through, companies must ask NaCC for permission. If NaCC thinks the deal might harm competition or lead to higher prices for consumers, it can stop the deal or allow it with conditions.

More From The Updated World

Pepkor Stores in Namibia

Pepkor already owns 16 stores in Namibia under its home and tech brands. These include popular shops like Sleepmasters, HiFi Corp, and Incredible Connection.

With the new approval, Pepkor will now have a total of 37 furniture shops across the country. This means it will become one of the largest furniture retailers in Namibia.

NaCC will continue to monitor the situation to make sure the market stays fair for everyone.

Share This Post

Leave a Reply

Your email address will not be published. Required fields are marked *


Sport News

CELEB STORIES
Diddy Convicted on Prostitution Charges, Acquitted on Racketeering and Sex Trafficking
TUWJul 2, 2025
Sean Diddy Combs convert

Hip-hop mogul Sean “Diddy” Combs was found guilty on two federal counts of transporting individuals for prostitution under the Mann…

From Fame to Silence: Linda Simasiku Breaks Her Silence on Pain, Betrayal, and Lost Fortune
TUWJun 25, 2025
From Fame to Silence: Linda Simasiku Breaks Her Silence on Pain, Betrayal, and Lost Fortune

Namibian RnB artist Linda Simasiku, best known for her 2012 hit song “I Believe” featuring Zambian legend Peterson, has opened…

New Allegations Surface Against Media Mogul Tyler Perry in $260 Million Lawsuit
Karrel HamutenyaJun 18, 2025
Tyler Perry

A substantial $260 million lawsuit has been leveled against entertainment titan Tyler Perry, with actor Derek Dixon alleging a pattern…

Namibia’s Selma Kamanya Shines Bright at Miss World 2025
TUWMay 31, 2025
Selma Kamanya - The Updated World

Opal Suchata of Thailand was crowned Miss World 2025 at a glittering grand finale held at the HITEX Exhibition Centre…


HEALTH TOPICS
52 Students Awarded Scholarships to Power Namibia’s Healthcare Future
TUWJul 3, 2025
**52 Students Awarded Scholarships to Power Namibia’s Healthcare Future

In a major step towards strengthening Namibia’s healthcare workforce, 52 aspiring health professionals have been awarded scholarships to pursue their undergraduate studies within the country’s…

Namibian Health Minister Appointed Chairperson at World Health Assembly, While Questions Are Raised Over Malaria Medicine Deal at home
TUWMay 19, 2025
Dr. Esperance Luvindao - The Updated World

Namibia’s Minister of Health and Social Services, Hon. Dr. Esperance Luvindao, has been chosen to lead Committee A at the 78th World Health Assembly (WHA)…

What is Hepatitis A, causes, and treatments
Karrel HamutenyaMay 18, 2025
hepatitis A - The Updated World

Hepatitis A is a short-term infection of the liver caused by the Hepatitis A virus. This virus is classified as an RNA virus and does…

Dr. Esperance Luvindao, has called on private companies to join hands with the government to help improve health services
TUWMay 13, 2025
Dr Esperance Luvindao - The Updated World

Namibia’s Minister of Health and Social Services, Dr. Esperance Luvindao, has called on private companies to join hands with the government to help improve health…

Africa