Hake quota cut raises fishing industry job fears.

November 6, 2026

Cabinet has approved a 12.8% reduction in the total allowable catch for hake, setting the harvest cap at 116 000 metric tons for the 2026/2027 fishing season. The policy decision follows scientific assessments of biomass stocks in Namibian waters, aiming to prevent over-exploitation and ensure long-term stock recovery. However, the 17 000-tonne reduction has raised concerns within the fishing sector over potential impacts on sea-going crews and land-based processing jobs, particularly at major hubs in Walvis Bay and Lüderitz. Cabinet also approved the total allowable catch for rock lobster at 180 metric tons for the upcoming season.

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Written by: Madeline

Banks pursue N$35.3 million in unpaid loans

Bad debt remains high and in the motion court sessions today before judges James Devitie and Thomas Masuku, there were 81 applications for default judgements of which banks brought 28. Cumulatively the banks are claiming N$35.3 million in unpaid mortgages and loans, with six of these on Tuesday’s rule 108 session which […]

November 6, 2026

News

Climate funding push ahead of COP31 summit

The Ministry of Environment has confirmed Namibia’s delegation for the upcoming UN Climate Change Summit, COP31, taking place in Antalya, Turkey from 9 to 20 November. The core purpose… securing climate adaptation finance for arid and semi-arid regions and advancing international carbon market frameworks. It has been a decade since the Paris agreement and […]

November 6, 2026