The Nueva Pescanova Group is present in other African countries: Angola (Marnova) where it mainly fishes red shrimp, white prawn and crab; Namibia, (Novanam and Lalandii) through which, with a workforce of 2,200 people, it captures, elaborates and markets all hake, monkfish, palometa and pink; and Mozambique (Pescamar) with more than 30 boats that fish for various species of shrimp, mainly tiger, banana, brown, ivory and jumbo.
2005-08-02 - NovaNam takes over Lalandii: THE NovaNam Group of Companies, through its subsidiary company Gendor, has become the official owners of Lalandii Whitefish Processors.
Earlier this year, the High Court of Namibia granted a provisional order for the winding-up of Lalandii, resulting in more than 500 jobs being on the line.
Lalandii's reported losses amount to N$31,1 million for the financial year 2002-2003, the High Court has been informed.
Lalandii, a subsidiary of Namfish one of the oldest fishing companies in Namibia, was granted a seven-year licence for hake in 2000; it also received a 9 095-ton hake quota for the 2004-05 fishing season.
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Fishcor told to divorce 'parasitic' partner Namibia
The following is an excerpt from The Namibian
MINISTER of public enterprises Leon Jooste has instructed the state-owned National Fishing Corporation of Namibia (Fishcor) to terminate its partnership ...