Namibia to auction fishing quota to raise money for COVID-19 medicines
NYASHA NYAUNGWA THE Namibian government will for the first time auction its 60% share of the country's annual horse mackerel and hake output to the highest bidder by the end of October, as it scrambles to raise funds for equipment and medicines to fight the coronavirus pandemic, according to a government letter seen by Reuters. The government's 60% quota is normally reserved for state-owned company Fishcor, which has been caught up in a corruption scandal. "Government is in need of financial resources on an emergency basis with a view to mitigate the effects of COVID-19," Albert Kawana, the minister of…