Competition Must Triumph in Namibia’s Cement Industry
I have followed with keen interest the proposed acquisition and merger of Schwenk Namibia by Whale Rock Cement.
I have followed with keen interest the proposed acquisition and merger of Schwenk Namibia by Whale Rock Cement.
The Namibia Competition Commission’s (NaCC) first public stakeholder engagement on the proposed acquisition of shares in Schwenck Namibia Pty Limited by West China Cement (WCC) was held at the Commission’s chambers in Windhoek on 9 July 2020.
A second stakeholders’ conference was held in Windhoek on 5 June 2025.
I attended, participated actively, and on each occasion stated my objections to the proposed acquisition and merger clearly and without equivocation.
On both occasions, the NaCC, drawing on stakeholder input and its own analysis, objected to the proposed acquisition and merger. It gave sound reasons for doing so.
The Ministry of Mines and Energy plays a pivotal role as custodian of Namibia’s natural resources and must ensure that these resources are explored, developed and utilised responsibly.
It must be done in a way that grows and sustains the Namibian economy for the benefit of its people. This cannot be overstated.
