Kawana stabilises Fishcor with extra quota
By Hilary Mare
MINISTER of Fisheries and Marine Resources, Albert Kawana has gifted Fishcor an additional 5000mt of hake quota as well as 10 000mt of horse mackerel to help the parastatal address its operational challenges.
The quotas which are all freezer follow a successful auction of 3000mt earlier accorded to the entity in which income of up to N$39 million was raised last month.
Speaking about the development this week, chairperson of Fishcor temporary board of directors, Mihe Gaomab II confirmed the quota allocation but was quick to point out that the hake quota would be used to address pertinent matters including paying for the salaries of workers at Luderitz as well as to address debt and operational issues.
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