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Old Mutual to pay N$6m to competition commission
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Old Mutual to pay N$6m to competition commission

Old Mutual Short-Term Insurance Company (Namibia) Ltd (OMSIC) has agreed to pay a total sum of N$6 million as part of two settlement agreements, after the Namibian Competition Commission (NaCC) found the insurer had contravened Section 23 of the Competition Act No.2 of 2003 in two separate investigations.