Govt wrestles quota mandate from Fishcor

25 August 2020 | Fishing

JEMIMA BEUKES

WINDHOEK



Government has to find a transparent and credible system to replace the National Fishing Corporation of Namibia (Fishcor) as the beneficiary of its “development objectives” fishing quotas, as the parastatal finds itself the subject of a high-profile police investigation following the Fishrot bribery scandal.

This is according to information minister Peya Mushelenga, who was responding to criticism of government auctioning off fishing quotas to raise much-needed funds for its Covid-19 response. This, he said, is “to achieve accountability that the proceeds, unlike in the past, will directly be paid into the state revenue account, with a view to prevent any further abuse and to ensure that the proceeds from this quota are made part of the budget tabled in parliament” to enable the legislature to have oversight over the executive.

Mushelenga added that the auction process will enable government to test the market with a view to ascertain the true value of natural resources reserved for governmental objectives.



Quota allocation

According to Mushelenga, for the current fishing season, 95% of the hake quota is destined for commercial companies, while 4.3% is allocated for governmental objectives.





He added that 87% of the horse mackerel quota is for commercial companies, while 13% is for governmental objectives, and 95% of the monk fish quota goes to the commercial sector and 5% is to be used for governmental objectives.

“The new method of disposal of the governmental objectives quota has been approved in good faith and it is not intended to disrupt the normal operation of the sector, including employment created by the sector, as the commercial quota is still the largest quota that directly benefits the Namibian economy through value addition that creates the most employment,” he said.

Mushelenga's comments come after fisheries minister Albert Kawana took on critics who said the auction will create another corruption scandal.



Most viable option

Last week, the fisheries minister said the auction is not an ill-informed, ad hoc idea, but rather the most viable option proposed by President Hage Geingob's high-level panel on the economy.

Kawana added that the Covid-19 pandemic as well as the tax revenue shortfall from the tourism sector motivated the sale of the quotas.

“Tourism, which used to bring foreign currency at short notice, all but dried up. It is on this basis that fisheries had to be classified as an essential service so that fish can be sold in the international market to quickly generate foreign currency for our country,” he said.

Kawana said the portion reserved for locals will be divided into two streams, namely a 'wet' quota allocation that would make up 30%, and a 70% frozen component.

“The 60%, open to both local and international applicants, will have a different reserve price,” he said.

[email protected]

Similar News

 

Nghipunya's future at Fishcor under discussion

5 days ago - 16 September 2020 | Fishing

OGONE TLHAGEWINDHOEKThe future of suspended National Fishing Corporation of Namibia (Fishcor) CEO Mike Nghipunya is currently under discussion, board chairperson Mihe Gaomab II has informed...

Fishcor chair condemns Seaflower deals

1 week ago - 10 September 2020 | Fishing

OGONE TLHAGEWINDHOEKThe newly appointed board chairperson of the National Fishing Corporation of Namibia, Mihe Gaomab II, has condemned agreements entered into by the company's subsidiary,...

Floodgates open for quota 'middlemen'

2 weeks ago - 02 September 2020 | Fishing

OGONE TLHAGEWINDHOEKThe government has confirmed there is nothing holding back the winning bidders of its “governmental objectives” quotas from profiting by reselling the hake, horse...

Govt wrestles quota mandate from Fishcor

3 weeks ago - 25 August 2020 | Fishing

JEMIMA BEUKES WINDHOEKGovernment has to find a transparent and credible system to replace the National Fishing Corporation of Namibia (Fishcor) as the beneficiary of its...

Govt threatened over fishing quota auction

4 weeks ago - 24 August 2020 | Fishing

OGONE TLHAGEWINDHOEKThe People's Litigation Centre (PLC) has threatened to drag the fisheries ministry to the High Court to review a decision by minister Albert Kawana...

Fisheries still not ready to reveal new quota holders

1 month - 20 August 2020 | Fishing

OGONE TLHAGEWINDHOEKThe process of allocating the country’s sought-after fishing quotas has still not been completed, despite previous pronouncements by fisheries minister Albert Kawana that 81...

Govt eyes over N$300m from fishing quota auction

1 month - 19 August 2020 | Fishing

OGONE TLHAGEWINDHOEKThe ministry of fisheries is expecting upwards of N$300 million from the auctioning of “governmental objectives” fishing quotas that had been previously been dished...

Fishing quota auction storm grows

1 month - 14 August 2020 | Fishing

OGONE TLHAGEWINDHOEKGovernment's decision to auction off its fishing quota, and then use the proceeds to finance its efforts to fight the Covid-19 pandemic is continuing...

Samherji begs for release of seized vessel

1 month - 14 August 2020 | Fishing

OGONE TLHAGEWINDHOEKIcelandic firm Samherji, which is at the centre of the Fishrot bribery scandal, has asked Namibian authorities to release its fishing vessel Heinaste, which...

Govt quota auction sparks 'second Fishrot' fears

1 month - 11 August 2020 | Fishing

LEANDREA LOUWWALVIS BAYFishing industry players are worried that the country will be plunged into another Fishrot scandal if the government auctions its fishing quotas for...

Latest News

Sioka condemns withdrawal of GBV...

20 hours ago | Social Issues

KENYA KAMBOWENKURENKURUGender equality and child welfare minister Doreen Sioka has condemned victims of gender-based violence (GBV), predominantly women, who withdraw such cases after they have...

EIF wins award for sustainable...

20 hours ago | Environment

ELLANIE SMITWINDHOEKThe Environmental Investment Fund (EIF) of Namibia will receive an award that recognises its success in financing climate-change resilient livelihoods.The EIF will receive the...

Swapo must assume moral leadership

20 hours ago | Opinion

Speaking to Namibian Sun in August, former Botswana president Ian Khama accused liberation movements in Southern Africa of ‘oppressive brotherhood’, taking aim at their deafening...

Mining industry contracts 11.1%

20 hours ago | Business

ELLANIE SMITWINDHOEKThe mining industry has recorded a negative growth of 11.1% last year, a deep contraction from the positive growth of 16.1% in 2018.This is...

Former governor Vatuva laid to...

20 hours ago | People

TUYEIMO HAIDULAOMUNGWELUMEFormer governor of Oshana Region Silvanus Vatuva was buried at the Omulungwelume cemetery in the Ohangwena Region on Saturday.President Hage Geingob paid tribute to...

Return to school not mandatory:...

20 hours ago | Education

NAMPAKHORIXASThe return of learners to schools is not mandatory but encouraged, as learning from home is captured in the current circular put in place, education...

Orange River agreement revised

20 hours ago | International

ELLANIE SMITWINDHOEKAgriculture minister Calle Schlettwein has recommended that the National Assembly ratifies the revised Orange-Senqu River Basin Commission (Orasecom) agreement.The agreement between Namibia, Botswana, Lesotho...

APP condemns Stina's discount land...

20 hours ago | Politics

RUNDUNAMPAThe All People's Party (APP) has condemned the alleged N$20 million discount land deal businesswoman Stina Wu scored at Divundu in the Kavango East Region.APP...

Havana rape spree continues

20 hours ago | Crime

NAMPAWINDHOEKA man from Havana informal settlement in Windhoek was shot dead early Saturday morning when he tried to come to the aid of his sister...

Load More