Namibia’s Seaflower invites mackerel rights holders to form JV
The troubled processing firm has been going through a divorce with state-owned Fishcor, and is now looking for a fellow rights holder to help catch and process its quota
Namibian lawyer confirms link between Fishrot payments and ruling party
Lawyer Sisa Namandje has confirmed that roughly NAD 23m linked to the Fishrot scandal went through his trust account, of which at least NAD 7.5m went to ruling party Swapo
Namibia’s Fishrot scandal: Recap every development from 2020
After a year of investigations, arrests, court inquiries and postponement, Undercurrent News brings you the full breakdown of one of the largest seafood scandals in recent years
SA lawyer alleges Namibian president, Fishcor partner involved in Fishrot scheme
In a 477-page affidavit submitted by lawyer Maren de Klerk to Namibia's ACC, he claims the full plan to sell mackerel quotas for bribes was orchestrated by the country's governing party
Sealord braces for tough 2021 after bucking pandemic with sales, profit rise
The CEO of New Zealand's Sealord Group expects 2021 to be a tough year as COVID-19 further impacts markets after the company reported strong results for its latest financial year
Seaflower chief pursues gov’t intervention after Fishcor divorce
AJ Louw, the main shareholder at Namibian pelagic processor Seaflower, is requesting an intervention from the Namibian president to recover the quotas that it has lost from partner Fishcor
Samherji subsidiaries paid $11.4m to Fishrot accused, alleges chief Namibian prosecutor
A lengthy court filing states that five of the Fishrot-accused received sums from subsidiaries Mermaria Seafood Namibia and Saga Seafood in return for quotas
Fishermen accused of observer assault at Cornelis Vrolijk partner cleared of charges
Three fishermen with Namibia's Nombili Fishing have been allowed to return home to the Netherlands, after being cleared of allegations of assaulting a fisheries observer
Crisis deepens at Namibia’s Fishcor as management, directors feud
The relationship between the directors of the Namibian pelagic processing firm and the management has deteriorated after the arrests of both the former chairman and CEO
Pair accused in Fishrot case sued for NAD 11m
Former Namibian justice minister Sacky Shanghala and Fishcor chairman James Hatuikulipi were sued for failing to make loan repayments this year to Bank Windhoek