CNFA raises serious concerns over fishing quota auctions

Niël Terblanché The Confederation of Namibia Fishing Association (CNFA) has strongly urged the Ministry of Fisheries and Marine Resources to reconsider its decision to auction fishing quotas, expressing concerns about the potential negative impact on the fishing industry and Namibia’s economy. During the recent Annual Fishing Industry event where the Minister of Fisheries and Marine Resources, Derek Klazen addressed role players in Walvis Bay, Matti Amukwa, the Chairperson of the CNFA, stated that auctioning quotas to the highest bidder contradicts the provisions of the Marine Resources Act and may not be in the best interest of the government. He argued…