08
Jan
Niël Terblanché The Confederation of Namibian Fishing Associations (CNFA) has sounded an alarm, revealing that the Namibian fishing industry suffers annual losses exceeding N$1.5 billion due to illicit, unreported, and unregulated (IUU) fishing practices. The shocking losses were revealed after the recent arrest of an Angolan fishing vessel engaged in illegal activities within Namibian waters, serving as a stark warning to other vessels operating illegally in the region. CNFA Chairperson Matti Amukwa said that the losses incurred by the Namibian fishing industry are both significant and detrimental. “These staggering losses not only affect our economy but also deplete our valuable…