Namibia Economist (Windhoek)

Namibia: Fishing Industry Gives Back

Hefdy Group Holding, a fishing company, this week ploughed back into the community by donating N$200, 000 to seven different organisations.

According to Deputy Minister of Land and Resettlement, Theo Diergaardt, the decision taken by the Ministry of Fisheries and Marine Resources in 2011 to "Namibianise" the fishing industry by broadening the number and make up of fishing right holders was met with both suspicion and jubilation.

"Today is further testament that the fishing industry shouldn't be a reserved to a selected few and that given the opportunities most of our countries citizens can make a meaningful contribution to our country's economy," he said.

Hefdy Group of companies is a joint venture of five different companies, namely Human Capital Fishing, Egongelo Fishing company, Fibraesha Investment, Dorado Fishing Enterprise and Young Rangers Fishing Company.

He said, Hefdy Group Holding has successfully completed the first year of operations and is now looking at sharing its successes with a number of selected broad based charities and NGO's that are in need of financial assistance, have demonstrated good governance and perform a useful function for a greater good of the society.

Organisations which benefited from the donation made by Hefdy Group of Companies are Mount Sinai, Omusati Regional Education Trust, Oonte Orphans and Vulnerable Children, Kotokeni Home Based Care Givers Project, Walvis Bay Multi Purpose Centre Trust, Women at Work Training Centre and ELCN - Usakos Circuit.

"We are painfully aware of your needs and it is our hope that...our contribution will get larger as our Joint Venture grows and become an established player in the industry," he said.

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