MTC gets procurement exemption, remains public

Source: The Namibian · 2026-11-09T13:19:14.000Z · Politics

Mobile Telecommunications Limited (MTC) has secured an exemption from certain public procurement requirements after arguing that strict application of the law could affect its commercial operations, competitiveness and ability to attract private investment. Minister of finance Ericah Shafudah has granted MTC an exemption from public procurement procedures. However, the exemption does not change MTC’s legal status as a public entity, as the government remains its majority shareholder. In a voluntary announcement released through the Namibia Securities Exchange (NSX), MTC confirmed that the minister had determined that the company remains subject to the Public Procurement Act, regardless of its stock exchange

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