Fish Factory Deal Haunts Fishcor As They Consider Rebranding To Restore Tarnished Image

The interim board of the state-owned National Fishing Corporation of Namibia (Fishcor) is assessing the implications of the N$150 million fish factory it bought at Walvis Bay from Etale Properties in 2016. The Namibian reported in 2018 that Fishcor reportedly overpaid by as much as N$50 million when it acquired the property following the closure…