WebApr 2, 2024 · Namibia President. Hage Geingob. President Hage Geingob has been implicated in new allegations of corruption involving the country’s lucrative fishing industry. According to a lawyer who allegedly arranged the deal, the Namibian president instructed his associates to embezzle millions from a state-run fishing enterprise in order to bribe ... WebAug 10, 2024 · Fishing is the third-biggest contributor to Namibia’s gross domestic product, after mining and agriculture, contributing around N$10 billion ($783 million) in foreign currency earnings annually. The proposed auction of the government's fishing quota would be the first of its kind in the country.
New and renewed fishing right holders announced
WebFISHCOR, Namibia’s state-owned fishing company, allegedly transferred fishing quotas from private Namibian companies to other local companies in which the politicians involved had interests. These latter companies were affiliated to Iceland’s largest fishing corporation Samherji, which allegedly paid about US$10 million in bribes to SWAPO ... WebFirstly, it’s important to understand the role of a fishing quota and why it’s essential for Namibia’s sustainability. A fishing quota is a limit on the amount of fish that can be … dangling thing in your mouth
The value of Namibia’s commercial fisheries - United Nations
WebDec 1, 2024 · In Anatomy of a Bribe, Al Jazeera’s Investigative Unit exposes corruption in Namibia ‘s fishing industry, implicating the country’s now former minister of fisheries … Webunderlying fisheries management in Namibia as it states in Article 33 that harvesting in Namibian waters are only allowed under a right, an exploratory right or fisheries agreement. During the year 2001, the policy regarding the granting of fishing rights and allocation of fishing quotas was reviewed and amendments were made. birnengelee thermomix