Discussions between President Netumbo Nandi-Ndaitwah and role players in the fishing industry have confirmed that the sector is unstable and facing a difficult transition.

Namibia's fishing industry, one of the biggest contributors to the economy, is heading into a transition.

The Landless Peoples Movement (LPM) has proposed a two-year, thorough joint scientific research project by the government and private sector into Namibia's ocean biomass.

This is to allow proper policy planning and intervention for an industry that has the potential to create more jobs. 

Namibia's approach to resource management at independence has been to rebuild its overexploited and depleted resources to the maximum sustainable level, especially its marine.

Vessels caught fishing illegally in Namibian waters could soon face fines of up to N$10 million.

That's according to Works and Transport Minister Veikko Nekundi, who said Cabinet has approved changes to strengthen the country's outdated fishing laws.

Namibia's fisheries sector is facing growing challenges, from overfishing to climate change.  This week, experts, policymakers, and industry leaders gathered at Walvis Bay for a two-day Sustainable Fisheries Seminar.

The Walvis Bay Rural Constituency Councillor believes corruption in the fishing industry will continue if the Fisheries and Marine Resources Act is not amended.

Tegako Donatus is adamant that the current fisheries law gave birth to the biggest corruption scandal in the country.

Namibia and Sierra Leone have signed a Memorandum of Understanding to strengthen their bilateral and multilateral agreements, with a focus on cooperation in key areas such as agriculture, tourism, infrastructure, trade and investment, and marine resources.