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WHY NOT: Union bosses say there is nothing untoward them owning fishing quotas for commercial purposes.
WHY NOT: Union bosses say there is nothing untoward them owning fishing quotas for commercial purposes.

Unions call for broader resource ownership

Fishing quotas a ‘future possibility’
The prospect of unions owning commercial entities is rife with potential conflict of interest, Jauch said.
Ogone Tlhage
Labour unions say they have all the right in the world to pursue private business interests, and it will - in fact - strengthen their ability to represent workers and advocate for better working conditions.

The Trade Union Congress of Namibia (Tucna) affiliates - the Namibia Seamen and Allied Workers Union (Nasawu), the Namibia Fishing Industry and Fisherman Workers Union (NFI & FWU), the National Union of Namibian Workers (NUNW) and the Namibia Food and Allied Workers Union (Nafau) - have in the past attempted to make inroads into the fishing industry by applying for fishing quotas.

NUNW secretary-general Job Muniaro said while the union did not have fishing quotas, there is nothing stopping it from acquiring such in future.

He was asked about the union’s stance on quota ownership.

“Not yet, but in future, why not? It will strengthen our ability to do our work. We will not have financial obstacles, and it is to the advantage of Namibian workers,” Muniaro said.

Unions and their members alike were not limited from operating businesses, he said.

“There is nothing wrong with owning businesses. Business is for everyone who has a passion to do that and to create jobs, not for people who want to exploit the workers and benefit themselves."

Better performance

According to Tucna president Mahongora Kavihuha, it is the union’s policy that it own a spoil of the country’s resources.

“One thing you should know about Tucna: We want the resources to be owned by Namibians. We don’t want national resources in private hands; we want these fishing companies to be dismantled,” he said.

Entities owned by unions also performed better, Kavihuha added.

“Dividends go back to the workers. There are many companies owned by the workers, and you will see the performance of these companies,” he said.

The ownership of companies by unions would also reduce occurrences of tax avoidance and evasion, he said.

“We are encouraging the economy [being] owned by the workers; that is our principled decision. Workers should own fishing, mining and even this green hydrogen. If companies are owned by workers, even these issues of tax evasion will be minimised,” Kavihuha said.

Almost impossible

Labour commentator Herbert Jauch said it would be almost impossible for unions to marry quota ownership and representing workers on labour matters.

“It is an almost impossible task when unions own investment companies and have to represent the rights of workers. It is difficult to avoid conflict of interests,” he said.

The added danger, Jauch pointed out, was that unions would no longer be reliant on their members for sustainability.

“When a union gets a quota, how does it benefit its members? It’s very tricky. It is an advantage financially, but once unions are no longer dependent on workers, then the accountability and reliance on workers is reduced. All commercial deals are a threat to the unions and weakens unions,” Jauch said.

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Namibian Sun 2024-09-19

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LaLiga: Real Betis 2 vs 1 Getafe | Mallorca 1 vs 0 Real Sociedad | Rayo Vallecano 3 vs 1 Osasuna SerieA: SS Lazio 2 vs 1 Hellas Verona | Parma 2 vs 3 Udinese Katima Mulilo: 19° | 40° Rundu: 20° | 39° Eenhana: 17° | 37° Oshakati: 17° | 35° Ruacana: 17° | 35° Tsumeb: 21° | 34° Otjiwarongo: 14° | 33° Omaruru: 13° | 33° Windhoek: 12° | 29° Gobabis: 10° | 29° Henties Bay: 10° | 16° Wind speed: 24km/h, Wind direction: S, Low tide: 05:02, High tide: 11:41, Low Tide: 18:01, High tide: 00:18 Swakopmund: 11° | 13° Wind speed: 27km/h, Wind direction: SW, Low tide: 05:00, High tide: 11:39, Low Tide: 17:59, High tide: 00:16 Walvis Bay: 10° | 16° Wind speed: 27km/h, Wind direction: S, Low tide: 05:00, High tide: 11:38, Low Tide: 17:59, High tide: 00:15 Rehoboth: 8° | 27° Mariental: 10° | 25° Keetmanshoop: 8° | 22° Aranos: 8° | 26° Lüderitz: 10° | 34° Ariamsvlei: 8° | 21° Oranjemund: 9° | 27° Luanda: 21° | 23° Gaborone: 14° | 27° Lubumbashi: 17° | 37° Mbabane: 8° | 10° Maseru: 4° | 11° Antananarivo: 12° | 29° Lilongwe: 21° | 32° Maputo: 16° | 19° Windhoek: 12° | 29° Cape Town: 12° | 19° Durban: 12° | 17° Johannesburg: 8° | 18° Dar es Salaam: 23° | 28° Lusaka: 23° | 36° Harare: 19° | 32° Currency: GBP to NAD 23.2 | EUR to NAD 19.53 | CNY to NAD 2.47 | USD to NAD 17.49 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.28 | EGP to NAD 0.35 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.65 | ZWL to NAD 0.04 | BRL to NAD 3.21 | RUB to NAD 0.19 | INR to NAD 0.21 | USD to DZD 132.04 | USD to AOA 926.84 | USD to BWP 13.21 | USD to EGP 48.46 | USD to KES 128.48 | USD to NGN 1593.37 | USD to ZAR 17.52 | USD to ZMW 26.3 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1838.95 Up +1.41% | Casablanca Stock Exchange (CSE) MASI 14184.33 Up +0.68% | Egyptian Exchange (EGX) 30 Index 30937.69 Up +1.96% | Botswana Stock Exchange (BSE) DCI 9651.25 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 589.10/OZ UP +1.16% | Copper US$ 4.32/lb UP +1.84% | Zinc US$ 2 955.80/T UP 0.43% | Brent Crude Oil US$ 74.71/BBP UP +2.35% | Platinum US$ 984.85/OZ UP +1.78% Sport results: LaLiga: Real Betis 2 vs 1 Getafe | Mallorca 1 vs 0 Real Sociedad | Rayo Vallecano 3 vs 1 Osasuna SerieA: SS Lazio 2 vs 1 Hellas Verona | Parma 2 vs 3 Udinese Weather: Katima Mulilo: 19° | 40° Rundu: 20° | 39° Eenhana: 17° | 37° Oshakati: 17° | 35° Ruacana: 17° | 35° Tsumeb: 21° | 34° Otjiwarongo: 14° | 33° Omaruru: 13° | 33° Windhoek: 12° | 29° Gobabis: 10° | 29° Henties Bay: 10° | 16° Wind speed: 24km/h, Wind direction: S, Low tide: 05:02, High tide: 11:41, Low Tide: 18:01, High tide: 00:18 Swakopmund: 11° | 13° Wind speed: 27km/h, Wind direction: SW, Low tide: 05:00, High tide: 11:39, Low Tide: 17:59, High tide: 00:16 Walvis Bay: 10° | 16° Wind speed: 27km/h, Wind direction: S, Low tide: 05:00, High tide: 11:38, Low Tide: 17:59, High tide: 00:15 Rehoboth: 8° | 27° Mariental: 10° | 25° Keetmanshoop: 8° | 22° Aranos: 8° | 26° Lüderitz: 10° | 34° Ariamsvlei: 8° | 21° Oranjemund: 9° | 27° Luanda: 21° | 23° Gaborone: 14° | 27° Lubumbashi: 17° | 37° Mbabane: 8° | 10° Maseru: 4° | 11° Antananarivo: 12° | 29° Lilongwe: 21° | 32° Maputo: 16° | 19° Windhoek: 12° | 29° Cape Town: 12° | 19° Durban: 12° | 17° Johannesburg: 8° | 18° Dar es Salaam: 23° | 28° Lusaka: 23° | 36° Harare: 19° | 32° Economic Indicators: Currency: GBP to NAD 23.2 | EUR to NAD 19.53 | CNY to NAD 2.47 | USD to NAD 17.49 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.28 | EGP to NAD 0.35 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.65 | ZWL to NAD 0.04 | BRL to NAD 3.21 | RUB to NAD 0.19 | INR to NAD 0.21 | USD to DZD 132.04 | USD to AOA 926.84 | USD to BWP 13.21 | USD to EGP 48.46 | USD to KES 128.48 | USD to NGN 1593.37 | USD to ZAR 17.52 | USD to ZMW 26.3 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1838.95 Up +1.41% | Casablanca Stock Exchange (CSE) MASI 14184.33 Up +0.68% | Egyptian Exchange (EGX) 30 Index 30937.69 Up +1.96% | Botswana Stock Exchange (BSE) DCI 9651.25 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 589.10/OZ UP +1.16% | Copper US$ 4.32/lb UP +1.84% | Zinc US$ 2 955.80/T UP 0.43% | Brent Crude Oil US$ 74.71/BBP UP +2.35% | Platinum US$ 984.85/OZ UP +1.78%