Namibia to auction fishing quotas for Covid-19 funds

Namibia’s Fisheries Minister Albert Kawana has announced that the country will auction off its fishing quotas on an open market to raise funds to fight Covid-19.

The government intends to auction off quotas for three fish species – horse markerel, hake and monk.

The minister cited the need for medicine and medical equipment as the reason the government wanted to raise money.

A local radio station has however reported that the health minister was surprised by the reason given to sell fishing quotas.