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About: http://data.cimple.eu/news-article/9fe25bc7517b960cb9e5cba1eba08dbcf196eaf06e55a2d700a0f702 Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	Namibia's main fishing federation on Tuesday said it backed plans by the government to auction fishing quotas on the international market to help fund its response to the coronavirus pandemic. Last week, Fisheries Minister Albert Kawana announced that 60 percent of quotas would be opened to the international market. The move came amid a surge in coronavirus infections and is meant to help Namibia purchase drugs and medical equipment. The Confederation of Namibian Fishing Association (CNFA) on Tuesday said it supported the decision, adding that care should be taken not to erode fish stocks and protect jobs. "The auctioning modalities and conditions should be adequately thought through... in order to maximise government income while protecting Namibian employment, without attracting unfair competitors and illegal fishing vessels," CNFA chair Matti Amukwa said in a statement. Namibia's fishing quotas are usually awarded to local companies through a scheme critics say has promoted cronyism in the industry. Under the new format, 40 percent of quotes will still be reserved for Namibian companies to preserve employment. The local quotas include 72,000 metric tonnes of horse mackerel and 11,000 metric tonnes of hake. Fishing employs around 16,000 people in Namibia and is the third-largest contributor to the country's gross domestic product. "The only resource that can speedily give you foreign exchange and financial resources is the fisheries sector," Kawana explained as he made the announcement on Friday. The sparsely populated southern African country has registered 3,229 coronavirus cases and at least 19 deaths to date. str-sch/bmm
schema:headline	Namibia fishing body backs quota auctions for virus funds
schema:mentions	Illegal, unreported and unregulated fishing Namibia Foreign exchange market Metric system Ebola virus disease Gross domestic product Pandemic Fishery Kawana SC Hake Albert Kawana Mackerel Cronyism The Move »more»
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-08-11 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	80 (xsd:integer)

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