Walvis Bay:The Namibian government has lauded a new partnership between local fishing rights holders and an industry operator for advancing local ownership in the fishing sector. This collaboration marks a significant step toward sustainable employment and skills development in Namibia.

According to Namibia Press Agency, Prime Minister Elijah Ngurare praised the investment made by Beki Kumata Fishing and Castro Bros during a speech delivered by Minister of Agriculture, Fisheries, Water and Land Reform Inge Zaamwani at the ceremony for the Castro Kumata vessel acquisition in Walvis Bay. The partnership includes five Namibian fishing rights holders and Castro Bros, forming Castro Kumata Fishing, and aims to enhance Namibian participation in the industry.

Ngurare emphasized that the initiative exemplifies the government's goals for the fishing sector, promoting ownership and operational capabilities beyond just access to fishing rights. The prime minister also highlighted Beki Kumata Fishing's corporate social responsibility efforts, notably its support for Kokoma Primary School, with contributions exceeding N$2 million.

Castro Bros general manager Ricky de Castro noted that the partnership, which evolved from short-term fishing agreements in 2020, has successfully combined resources and expertise. The vessel is crewed by Namibian personnel, showcasing local talent in managing fishing operations.

Beki Kumata Fishing, fully owned by Namibians, was founded by five fishing rights holders and includes shareholders from various communities, emphasizing inclusivity and diversity.