16
Oct
Andrew Kathindi Public Enterprise Minister Leon Jooste has no plans to close the doors on Fishcor after the Fisheries and Finance Ministers vowed to forge ahead with auctioning off quotas it previously allocated to Fishcor. Earlier this month, Finance Minister Iipumbu Shiimi announced that government only managed to get a paltry $8.4 million from an initial N$627.9 million worth of bids for its fishing quotas. This however has not deterred the Fisheries and Finance Ministry as they will forge ahead with a new round of auctions. “I believe that there are various options available to continue with the operations of…