Kawana: Invest on Namibia's terms
Kawana: Invest on Namibia's terms

Kawana: Invest on Namibia's terms

The acting Minister of Fisheries and Marine Resources says locals should also benefit from investments in industries.
NAMPA
Investment in Namibia must be done on a win-win basis so investors and the country can both benefit.

The acting Minister of Fisheries and Marine Resources, Dr Albert Kawana, said this while addressing a stakeholder engagement meeting of the fishing industry organised by the ministry in Lüderitz on Friday.

“If investors' proposal is not based on win-win, they should go invest somewhere else. They must invest on our terms. We must ensure that the fishing and other industries such as mining and tourism remain in the hands of Namibia.”

According to Kawana it is regrettable that the fishing industry is dominated by foreigners at the expense of Namibians, a situation he said must change.

Kawana noted that locals, especially women and the youth, should benefit from resources as per Article 100 of the Namibian Constitution, which deals with sovereign ownership of natural resources.

“Namibians should dominate the industry. Foreigners are supposed to impact Namibians with the much needed skills. We must make sure that the fishing industry emerges victorious, continues to create employment and contributes to the economic and social development of this country.”

Touching on the ‘Fishrot’ scandal, Kawana said what happened, happened, and it is now time for Namibians to allow justice to take its course. “Investigations are ongoing. We have to move on. We cannot shy away from our responsibility and we must not allow this industry to be captured.”

Former Minister of Fisheries and Marine Resources, Bernhard Esau, and Minister of Justice, Sacky Shanghala, stand accused of allegedly receiving bribes for giving preferential access to Namibia’s rich fishing grounds to Samherji, one of Iceland’s largest fishing companies.

The politicians and their co-accused allegedly pocketed at least N$150 million dollars in kickbacks in the process.

Kawana further said the fishing industry is one of the top contributors to the Namibian economy, with close to 36 000 shareholders and nearly 16 000 employees. He wishes to see the number of employees double in the near future.

Stakeholders at the meeting pleaded with Kawana and the government to save the fishing industry as it is the only industry that brings employment and economic development to Lüderitz.

The meeting was attended by representatives of unions, fishing companies and fishermen. - NAMPA

Kommentaar

Republikein 2024-09-17

Geen kommentaar is op hierdie artikel gelaat nie

Meld asseblief aan om kommentaar te lewer

Currie Cup: Vodacom Bulls 40 vs 40 Hollywoodbets Sharks XV | Fidelity ADT Lions 43 vs 34 Toyota Cheetahs XV Premier League: Wolves 1 vs 2 Newcastle | Tottenham Hotspur 0 vs 1 Arsenal | Bournemouth 0 vs 1 Chelsea | Aston Villa 3 vs 2 Everton | Manchester City 2 vs 1 Brentford | Liverpool 0 vs 1 Nottingham Forest | Fulham 1 vs 1 West Ham | Crystal Palace 2 vs 2 Leicester City | Brighton 0 vs 0 Ipswich Town | Southampton 0 vs 3 Manchester United LaLiga: Mallorca 1 vs 0 Real Sociedad | Rayo Vallecano 3 vs 1 Osasuna | Atletico Madrid 3 vs 0 Valencia | Las Palmas 2 vs 3 Athletic Club | Girona 1 vs 4 Barcelona | Celta Vigo 3 vs 1 Real Valladolid | Real Sociedad 0 vs 2 Real Madrid | Sevilla 1 vs 0 Getafe | Espanyol 3 vs 2 Deportivo Alaves | Mallorca 1 vs 2 Villarreal SerieA: SS Lazio 2 vs 1 Hellas Verona | Parma 2 vs 3 Udinese | Monza 1 vs 1 Inter Milan | Cagliari 0 vs 4 Napoli | Torino 0 vs 0 Lecce | Atalanta 3 vs 2 Fiorentina | Genoa 1 vs 1 AS Roma | AC Milan 4 vs 0 Venezia | Empoli 0 vs 0 Juventus | Como 2 vs 2 Bologna European Championships Qualifying: Portsmouth 0 vs 3 West Bromwich Albion | Watford 1 vs 1 Coventry City | Swansea City 1 vs 0 Norwich City | Sheffield Wednesday 1 vs 1 Queens Park Rangers | Plymouth Argyle 3 vs 2 Sunderland | Middlesbrough 1 vs 1 Preston North End | Derby County 1 vs 0 Cardiff City | Blackburn Rovers 3 vs 0 Bristol City | Oxford United 1 vs 0 Stoke City | Millwall FC 0 vs 1 Luton Town | Leeds United 0 vs 1 Burnley English Championship: Portsmouth 0 vs 3 West Bromwich Albion | Watford 1 vs 1 Coventry City | Swansea City 1 vs 0 Norwich City | Sheffield Wednesday 1 vs 1 Queens Park Rangers | Plymouth Argyle 3 vs 2 Sunderland | Middlesbrough 1 vs 1 Preston North End | Derby County 1 vs 0 Cardiff City | Blackburn Rovers 3 vs 0 Bristol City | Oxford United 1 vs 0 Stoke City | Millwall FC 0 vs 1 Luton Town | Leeds United 0 vs 1 Burnley Katima Mulilo: 21° | 40° Rundu: 20° | 41° Eenhana: 17° | 37° Oshakati: 18° | 36° Ruacana: 18° | 35° Tsumeb: 22° | 34° Otjiwarongo: 16° | 33° Omaruru: 13° | 33° Windhoek: 13° | 31° Gobabis: 13° | 33° Henties Bay: 10° | 16° Wind speed: 25km/h, Wind direction: S, Low tide: 13:51, High tide: 07:54, Low Tide: 02:00, High tide: 20:24 Swakopmund: 12° | 13° Wind speed: 27km/h, Wind direction: SW, Low tide: 13:49, High tide: 07:52, Low Tide: 02:00, High tide: 20:22 Walvis Bay: 11° | 18° Wind speed: 32km/h, Wind direction: SW, Low tide: 13:49, High tide: 07:51, Low Tide: 02:00, High tide: 20:21 Rehoboth: 10° | 32° Mariental: 12° | 30° Keetmanshoop: 13° | 29° Aranos: 11° | 31° Lüderitz: 11° | 24° Ariamsvlei: 13° | 29° Oranjemund: 9° | 17° Luanda: 20° | 21° Gaborone: 18° | 34° Lubumbashi: 17° | 37° Mbabane: 15° | 35° Maseru: 9° | 22° Antananarivo: 11° | 28° Lilongwe: 21° | 32° Maputo: 21° | 37° Windhoek: 13° | 31° Cape Town: 11° | 13° Durban: 18° | 24° Johannesburg: 17° | 27° Dar es Salaam: 24° | 28° Lusaka: 22° | 36° Harare: 18° | 32° Currency: GBP to NAD 23.15 | EUR to NAD 19.59 | CNY to NAD 2.49 | USD to NAD 17.64 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.29 | EGP to NAD 0.36 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.65 | ZWL to NAD 0.04 | BRL to NAD 3.21 | RUB to NAD 0.19 | INR to NAD 0.21 | USD to DZD 131.99 | USD to AOA 926.34 | USD to BWP 13.22 | USD to EGP 48.35 | USD to KES 128.48 | USD to NGN 1647.13 | USD to ZAR 17.58 | USD to ZMW 26.49 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1787.81 Up +0.05% | Casablanca Stock Exchange (CSE) MASI 13998.92 Up +0.82% | Egyptian Exchange (EGX) 30 Index 30260.24 Down -0.78% | Botswana Stock Exchange (BSE) DCI 9625.57 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 569.46/OZ DOWN -0.0055 | Copper US$ 4.26/lb UP +0.35% | Zinc US$ 2 940.00/T UP 0.05% | Brent Crude Oil US$ 73.90/BBP UP +0.88% | Platinum US$ 981.42/OZ DOWN -0.0018 Sport results: Currie Cup: Vodacom Bulls 40 vs 40 Hollywoodbets Sharks XV | Fidelity ADT Lions 43 vs 34 Toyota Cheetahs XV Premier League: Wolves 1 vs 2 Newcastle | Tottenham Hotspur 0 vs 1 Arsenal | Bournemouth 0 vs 1 Chelsea | Aston Villa 3 vs 2 Everton | Manchester City 2 vs 1 Brentford | Liverpool 0 vs 1 Nottingham Forest | Fulham 1 vs 1 West Ham | Crystal Palace 2 vs 2 Leicester City | Brighton 0 vs 0 Ipswich Town | Southampton 0 vs 3 Manchester United LaLiga: Mallorca 1 vs 0 Real Sociedad | Rayo Vallecano 3 vs 1 Osasuna | Atletico Madrid 3 vs 0 Valencia | Las Palmas 2 vs 3 Athletic Club | Girona 1 vs 4 Barcelona | Celta Vigo 3 vs 1 Real Valladolid | Real Sociedad 0 vs 2 Real Madrid | Sevilla 1 vs 0 Getafe | Espanyol 3 vs 2 Deportivo Alaves | Mallorca 1 vs 2 Villarreal SerieA: SS Lazio 2 vs 1 Hellas Verona | Parma 2 vs 3 Udinese | Monza 1 vs 1 Inter Milan | Cagliari 0 vs 4 Napoli | Torino 0 vs 0 Lecce | Atalanta 3 vs 2 Fiorentina | Genoa 1 vs 1 AS Roma | AC Milan 4 vs 0 Venezia | Empoli 0 vs 0 Juventus | Como 2 vs 2 Bologna European Championships Qualifying: Portsmouth 0 vs 3 West Bromwich Albion | Watford 1 vs 1 Coventry City | Swansea City 1 vs 0 Norwich City | Sheffield Wednesday 1 vs 1 Queens Park Rangers | Plymouth Argyle 3 vs 2 Sunderland | Middlesbrough 1 vs 1 Preston North End | Derby County 1 vs 0 Cardiff City | Blackburn Rovers 3 vs 0 Bristol City | Oxford United 1 vs 0 Stoke City | Millwall FC 0 vs 1 Luton Town | Leeds United 0 vs 1 Burnley English Championship: Portsmouth 0 vs 3 West Bromwich Albion | Watford 1 vs 1 Coventry City | Swansea City 1 vs 0 Norwich City | Sheffield Wednesday 1 vs 1 Queens Park Rangers | Plymouth Argyle 3 vs 2 Sunderland | Middlesbrough 1 vs 1 Preston North End | Derby County 1 vs 0 Cardiff City | Blackburn Rovers 3 vs 0 Bristol City | Oxford United 1 vs 0 Stoke City | Millwall FC 0 vs 1 Luton Town | Leeds United 0 vs 1 Burnley Weather: Katima Mulilo: 21° | 40° Rundu: 20° | 41° Eenhana: 17° | 37° Oshakati: 18° | 36° Ruacana: 18° | 35° Tsumeb: 22° | 34° Otjiwarongo: 16° | 33° Omaruru: 13° | 33° Windhoek: 13° | 31° Gobabis: 13° | 33° Henties Bay: 10° | 16° Wind speed: 25km/h, Wind direction: S, Low tide: 13:51, High tide: 07:54, Low Tide: 02:00, High tide: 20:24 Swakopmund: 12° | 13° Wind speed: 27km/h, Wind direction: SW, Low tide: 13:49, High tide: 07:52, Low Tide: 02:00, High tide: 20:22 Walvis Bay: 11° | 18° Wind speed: 32km/h, Wind direction: SW, Low tide: 13:49, High tide: 07:51, Low Tide: 02:00, High tide: 20:21 Rehoboth: 10° | 32° Mariental: 12° | 30° Keetmanshoop: 13° | 29° Aranos: 11° | 31° Lüderitz: 11° | 24° Ariamsvlei: 13° | 29° Oranjemund: 9° | 17° Luanda: 20° | 21° Gaborone: 18° | 34° Lubumbashi: 17° | 37° Mbabane: 15° | 35° Maseru: 9° | 22° Antananarivo: 11° | 28° Lilongwe: 21° | 32° Maputo: 21° | 37° Windhoek: 13° | 31° Cape Town: 11° | 13° Durban: 18° | 24° Johannesburg: 17° | 27° Dar es Salaam: 24° | 28° Lusaka: 22° | 36° Harare: 18° | 32° Economic Indicators: Currency: GBP to NAD 23.15 | EUR to NAD 19.59 | CNY to NAD 2.49 | USD to NAD 17.64 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.29 | EGP to NAD 0.36 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.65 | ZWL to NAD 0.04 | BRL to NAD 3.21 | RUB to NAD 0.19 | INR to NAD 0.21 | USD to DZD 131.99 | USD to AOA 926.34 | USD to BWP 13.22 | USD to EGP 48.35 | USD to KES 128.48 | USD to NGN 1647.13 | USD to ZAR 17.58 | USD to ZMW 26.49 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1787.81 Up +0.05% | Casablanca Stock Exchange (CSE) MASI 13998.92 Up +0.82% | Egyptian Exchange (EGX) 30 Index 30260.24 Down -0.78% | Botswana Stock Exchange (BSE) DCI 9625.57 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 569.46/OZ DOWN -0.0055 | Copper US$ 4.26/lb UP +0.35% | Zinc US$ 2 940.00/T UP 0.05% | Brent Crude Oil US$ 73.90/BBP UP +0.88% | Platinum US$ 981.42/OZ DOWN -0.0018