Thursday, October 1, 2026
Subscribe
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • E-PAPERreader
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • E-PAPERreader
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
Subscribe
No Result
View All Result
Home Companies Fisheries

Competition Commission investigates price fixing in fishing sector

by editor
November 20, 2023
in Fisheries
11
A A

The Namibian Competition Commission (NaCC) has initiated an investigation into the fishing sector after allegations of price fixing related to quota usage fees surfaced. 

The competition watchdog said it received information, on 18 August and 22 September 2023, alleging possible collusion amongst various vessel owners and operators in the country’s fishing industry.

“The collusion is allegedly in the form of fixing fishing quota usage fees that are paid to fishing rights holders when they enter into quota usage agreements with the vessel owners/operators,” the Commission Spokesperson Dina //Gowases said.

The operators allegedly offer fishing rights holders the same price and refuse to negotiate the fees when the fishing rights holders raise concerns regarding the offered quota usage fee.

This is because fishing rights holders do not own vessels, and thus find themselves in a catch-22 of selling their rights at any price offered by the vessel/operators.

Fishing rights holders receive annual quotas from the Ministry of Fisheries and Marine Resources which they are required to utilise fully by the end of each fishing season.

This necessitates those that have no vessels to approach the vessel owners and operators, and enter into quota usage agreements, for the latter to utilise the allocated quotas on their behalf. 

“However, these owners and operators prioritise harvesting their own quotas and only thereafter endeavour to harvest the fishing rights holders’ quotas. At this juncture, it is alleged that fishing rights holders have no choice, but to agree to any quota usage fees that the vessel owners and operators are offering, also taking into consideration that, the vessel owners and operators also have access to their own fishing quotas as well as those of National Fishing Corporation of Namibia and Government objective quotas,” //Gowases said.

In the same manner, the Commission has vowed to be lenient on vessel owners and operators who may voluntarily approach the NaCC through its Corporate Leniency Programme on a first-in-the-door and or a would-be applicant basis, to apply for leniency by self-reporting themselves and handing over evidence regarding the alleged cartel conduct.

Namibia last year exported fish worth N$7.8 billion, a marginal decrease of 1.3% from N$7.9 billion recorded in 2021, according to Simonis Storm, the sector accounted for an average of 12.5% of total exports in 2022.

author avatar
editor
See Full Bio
Previous Post

National pension fund plans undergoing consultations 

Next Post

Oil and green hydrogen boost Luderitz airport volumes

Must Read

Namibia eyes billion-dollar fish waste innovation opportunity
Fisheries

Namibia’s fisheries exports grow 12.2% to N$4.6bn in Q2

September 24, 2026
Namibia urged to reform fisheries legislation and improve oversight
Fisheries

Govt raises N$29.1m from sale of 4,500MT fish quota

September 16, 2026
Worker in a blue plastic apron and blue gloves trimming salmon fillets on a white work surface in a seafood processing facility.
Fisheries

AAC plans to use existing Namibian fish-processing facilities for salmon production

September 14, 2026
Eight professionals standing together in a conference room with a geometric blue wallpaper and framed portraits above them.
Fisheries

Zaamwani appoints new Fishcor board

September 10, 2026
Older woman wearing a turquoise headwrap and glasses, seated in a dimly lit audience.
Fisheries

Nandi-Ndaitwah warns against self-interest as Namibia seeks to revive fisheries sector

September 4, 2026
African Aquaculture, AKVA partner on N$8.5bn Lüderitz salmon project
Fisheries

African Aquaculture, AKVA partner on N$8.5bn Lüderitz salmon project

August 29, 2025
Load More

Related News

Toxic femininity at the workplace

Toxic femininity at the workplace

June 23, 2023
Namport in record breakbulk shipment

Namport in record breakbulk shipment

October 8, 2021
Namibia called to leverage resources, infrastructure to advance circular economy

Namibia called to leverage resources, infrastructure to advance circular economy

May 16, 2025

Browse by Category

  • Africa
  • Agriculture
  • Analysis
  • Business & Economy
  • Columnists
  • Companies
  • e-edition
  • Finance
  • Finance
  • Fisheries
  • Green Hydrogen
  • Health
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • namibia
  • Namibia
  • News
  • Opinions
  • Property
  • Retail
  • Technology
  • Tourism
  • Trade
The Brief | Namibia's Leading Business & Financial News

The Brief is Namibia's leading daily business, finance and economic news publication.

CATEGORIES

  • Business & Economy
  • Companies
    • Agriculture
    • Finance
    • Fisheries
    • Health
    • Property
    • Retail
    • Technology
    • Tourism
    • Trade
  • e-edition
  • Finance
  • Green Hydrogen
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • namibia
  • News
    • Africa
    • Namibia
  • Opinions
    • Analysis
    • Columnists

CONTACT US

Cell: +264814612969

Email: newsdesk@thebrief.com.na

© 2026 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Companies
  • Mining & Energy
  • Business & Economy
  • Opinions
    • Analysis
    • Columnists
  • Africa

© 2026 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.