Page no: 11
THE LATEST reports about investigations of large-scale and sophisticated corruption in Namibia’s fishing industry (as much as N$500 million in kickbacks) is the tip of an iceberg that will not be cracked until politicians overhaul current regulations.
Questions have been asked why fishing rights and fishing quotas are given to a few individuals at the discretion of the minister, only for those Namibian beneficiaries to sell such pieces of paper (rights and quotas) to foreign investors, who make the actual catch.The broad mass of Namibians are being sold short. Tax revenue that could have gone directly […]
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