Fisheries and Marine Resources Minister Derek Klazen has denounced the practice of unfair dividend distribution in joint ventures. 

Klazen has called on the fishing industry to cease the practice.

Pilchard and rock lobster are still in a poor state, while horse mackerel has declined.

The Minister of Fisheries and Marine Resources, Derek Klazen revealed this during his annual address at Walvis Bay.

Klazen says a scientific survey to assess the resources was carried out in March 2022.