Main Seaflower stakeholder rejects Namibian state’s divorce offering
AJ Louw, owner of a 60% stake in the joint venture with Fishcor, has rejected the state's decision to terminate its partnership with Seaflower and 'put Fishcor to terms'
Irish fishing body urges EU to drop UK’s fishing benefits post-Brexit
The UK was awarded a 26% increase in fishing opportunities across seven species after the extension of Exclusive Economic Zones in 1976
Namibia’s ‘Fishrot’ quota auction falls flat after bidders fail to pay up
The auction, which had accepted bids worth $38m for the country's COVID-19 relief effort, flopped after bidders paid just over 1% of the agreed sum
Samherji claims fair price was paid for Namibian fishing quotas
The company has commissioned an analysis of the prices its subsidiaries paid for fishing quotas, which it claims place it in line with other national fishing firms
Namibian state granted time to finalize Fishrot investigation by court
The state's prosecutors have been granted a three-month extension to wrap up their investigations into the Fishrot quota corruption scandal
Report: Samherji paid NAD 21m to Fishcor-linked businessman
Vaino Nghipondoka has denied there was any link to the scandal in the NAD 30m he received from fishing companies
Fishrot defense lawyers argue against trial postponement
The lawyers of former Namibian fisheries minister Bernhard Esau and six other men have argued against postponing the trial while the prosecution finalizes its case
Namibia’s anti-corruption authority finalises Fishrot investigation
The ACC claims to have completed its investigation into the events of the Fishrot corruption scandal, with gathered evidence filling up 45 lever arch files
Separate Fishrot bribery trial scheduled for May 2021
In separate charges to the central allegations from the Wikileaks files, former Fishcor chairman James Hatuikulipi and two associates are charged with attempted bribery of an official
Pair of Seaflower board members step down in legal spat with parent Fishcor
The Fishcor duo resigned from the Seaflower board due to the obvious conflict of interest as Seaflower takes its state-owned parent to court over quota agreements