Also known as: Gendev Fishing · Gendev Fishing Group · Gendev Fishing Resource · Gendev Fishing Resources · Gendev Fishing Resources (Pty) Ltd · Renthia Kaimbi Gendev Fishing Group
Gendev Fishing Resources — Swapo-linked fishing company with 45% stake in Hodago Fishing, facing forensic investigation over missing millions and financial collapse.
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New Era
Gendev notified the ministry of labour of a contemplated retrenchment of 489 employees in February
“In February, the company notified the ministry of labour of a contemplated retrenchment of 489 employees.”
90 Gendev employees in limboThe Namibian
Gendev Fishing allegedly sent workers packing without pay
“Fishing company Gendev Fishing, which is partially owned by Swapo, has allegedly sent workers packing without pay.”
Swapo’s Gendev sends workers home without payThe Namibian
Gendev Fishing confirmed delays in salary payments for March
“Gendev Fishing, where nearly 500 workers face possible retrenchment linked to quota allocations and operational challenges, last week confirmed delays in salary payments for March, citing operational constraints.”
Fisheries hooks labour in Samherji payoutsNew Era
Gendev announced intention to retrench over 400 workers, citing lack of quota
“However, shop steward Christof Shishoona said the company's demands are excessive. "They claim they only received 3 300 metric tonnes, but now they want more quotas.”
‘Employees used as fishing quota bait’New Era
Gendev Fishing Group notified the ministry of labour of contemplated retrenchment of 489 employees
“In the latest layoffs, Gendev Fishing Group has notified the ministry of labour of a contemplated retrenchment of 489 employees on Friday.”
Retrenchment hits over 480 Gendev workersThe Namibian
Gendev informed its employees of possible retrenchments
“Hango's comment comes after Gendev informed its employees of possible retrenchments.”
Union rejects 500 planned job cuts at Gendev FishingThe Namibian
Gendev is contemplating retrenchment for economic and operational reasons including sustained financial losses
“In a notice dated 22 January, Gendev says it is contemplating retrenchment for economic and operational reasons, including sustained financial losses, reduced revenue, increased costs, and the need to restructure and improve efficiency.”
Union rejects 500 planned job cuts at Gendev FishingGendev Fishing Group's management has given employees less than 24 hours to accept a new salary structure offering a 120% nominal increase in gross pay to N$6,700 per month for 195 hours, despite the union's rejection of the terms. Workers who decline face remaining on the current N$2,960 monthly rate after the deadline passes.
18 hours ago · Windhoek Observer →
Gendev Fishing Group's management has given employees less than 24 hours to accept a new salary structure offering a 120% nominal increase in gross pay to N$6,700 per month for 195 hours, despite the union's rejection of the terms. Workers who decline face remaining on the current N$2,960 monthly rate after the deadline passes.
18 hours ago · Windhoek Observer →
Daron Namibia has rejected allegations that it misappropriated funds from a N$40-million Democratic Republic of Congo fishing venture now in a High Court dispute involving Standard Bank Namibia and Hodago Fishing. Daron says its role was limited to operating and maintaining the fishing vessel, and that it did not receive or control the N$40 million.
30 June 2026 · The Namibian →
The Democratic Republic of Congo's state social fund has taken Standard Bank Namibia to court over a N$40-million transaction involving a fishing company that is partly owned by Swapo, alleging that N$13 million was misappropriated from a protected account after the bank allowed unauthorized changes to account mandates and transfers without consent.
24 June 2026 · The Namibian →
Hodago Fishing, a company 45% owned by Gendev Fishing Resources (which has links to Swapo business interests), faces financial pressure as its flagship freezer trawler, Venus 1, is set for auction in Walvis Bay on 30 June following unpaid debts to Standard Bank Namibia of N$18.4 million and N$17.6 million.
10 June 2026 · Windhoek Observer →
Hadago Fishing's freezer trawler Venus 1 will be auctioned on 30 June 2026 in Walvis Bay after the company failed to repay debts to Standard Bank Namibia and workers' wages. The vessel, valued at N$65 million, is being sold following a High Court order to recover millions owed by the fishing company, which is 45% owned by SWAPO-linked Gendev Fishing Resources.
8 June 2026 · Informanté →
Namibia's fisheries ministry says quota holders may enter private commercial agreements with third parties to use allocated quotas, a practice it characterizes as private business arrangements. The statement follows a disputed agreement between a DRC-linked entity and Namibian fishing companies over horse mackerel quota.
4 June 2026 · The Namibian →
A Windhoek High Court judge has authorised the deputy sheriff to sell Hodago Fishing's vessel Venus 1 through public auction after the financially troubled company failed to repay Standard Bank Namibia N$36 million in loan and facility agreements. Gendev Fishing Resources, in which the Swapo-owned company Guinas Investments holds 96.5%, has 45% shareholding in Hodago Fishing.
25 May 2026 · The Namibian →
President Netumbo Nandi-Ndaitwah has ordered a forensic investigation into Gendev Fishing Resources and its sister company amid allegations of missing millions, lack of transparency, and failure to deliver fish worth over N$49 million to clients.
25 May 2026 · The Namibian →
Businessman Joseph Andreas has launched legal action against two Facebook users over posts published on 15 May, demanding public apologies, removal of the posts, and N$250 000 each in damages. The posts allegedly described Andreas as a "thug" and criminal, and claimed he had no legitimate business track record.
19 May 2026 · Windhoek Observer →
Hodago Fishing, a joint venture partly linked to Swapo, faces a US$3 million legal dispute after allegedly breaching a horse mackerel quota agreement with a Democratic Republic of Congo entity. The DRC-linked party claims the company failed to meet agreed delivery volumes and has demanded either the release of 500 tonnes of fish or repayment of US$1.4 million.
17 May 2026 · The Namibian →
Namibian fishing unions are pressuring wet-landed horse mackerel sector companies to ensure job security beyond a temporary 12-month employment period created after Cabinet relaxed the 200-metre isobath rule. Union officials argue that the approximately 700 jobs are temporary, lack benefits, and operate under a 'no-work, no-pay' arrangement, calling instead for meaningful, long-term employment solutions in the fishing industry.
4 May 2026 · The Namibian →
The government will turn the 200-metre isobath trawling prohibition into law by September. Cabinet's recent decision to allow limited fishing in the zone is temporary and will end in 2027.
28 April 2026 · The Namibian →
Cabinet approved a temporary 12-month relaxation of trawling limits for wet-landed horse mackerel from 200 metres to 150 metres starting 1 May, a decision the fishing industry views with division. The industry chair warns that over 90 vessels could be excluded from fishing grounds and the move contradicts government scientists' warnings about the 150–200 metre zone being a breeding and nursery area.
27 April 2026 · The Namibian →
Former United Fishing Enterprises workers and others in Namibia's fishing industry have submitted petitions to the Erongo governor, demanding stable employment after years without work since 2018. They cite the pilchard moratorium and quota allocation systems as obstacles to permanent jobs and call for government intervention to create opportunities in the sector.
12 April 2026 · The Namibian →
Employees in Namibia's fishing industry protested the government's planned auction of 6 232 metric tonnes of hake quota, saying the system worsens working conditions and job insecurity. Workers called for quotas to be allocated directly to companies needing production support rather than sold to the highest bidder.
1 April 2026 · New Era →
Workers from five fishing companies petitioned the Ministry of Agriculture demanding an end to the quota auction system, saying it fuels job insecurity and prevents long-term employees from securing permanent contracts. They argue the auction system favours the highest bidders, prevents companies from predicting future capacity, and has led to workers remaining on fixed-term contracts for years and widespread retrenchments in the sector.
31 March 2026 · The Namibian →
About 90 permanent employees of Gendev Fishing Group were sent home last week, with no clarity on their status. The move follows the company's earlier notification of a contemplated retrenchment of 489 workers, attributed to sustained financial losses, reduced revenue, and an inadequate quota allocation of 3,351 metric tonnes against the company's 45,000-tonne annual capacity.
30 March 2026 · New Era →
Fishing company Gendev Fishing, partially owned by Swapo, sent approximately 80–90 permanent employees home without pay on 23 March with no clarity on when salaries would be restored, after previously announcing plans to retrench 489 workers due to operational challenges and limited fishing quotas.
28 March 2026 · The Namibian →
The Ministry of Agriculture, Fisheries, Water and Land Reform has referred compensation claims from 252 former Samherji employees to the Ministry of Justice and Labour Relations, noting that affected workers were already considered under a government redress programme aimed at reintegrating them into the fishing industry following the company's 2019–2020 closure. Some former employees argue that placement at other companies does not fully address their financial losses.
25 March 2026 · The Namibian →
Tucna president Paulus Hango warned of a nationwide fishing industry strike if workers' concerns are not addressed, citing over 600 job losses last year, 490 jobs at risk, unpaid workers since October, and systematic exclusion of unions from employment agreements signed by government and companies. Workers also raised concerns including lack of protective equipment, quota allocation issues, and inadequate consultation before layoffs.
19 February 2026 · New Era →
The Trade Union Congress of Namibia warns it may pursue legal action against fishing companies including Gendev Fishing over workers' complaints of poor conditions, delayed salaries, and unsafe working environments. Workers across multiple fishing firms report delayed pay, inconsistent hours, lack of benefits, and inadequate protective equipment despite repeated attempts to resolve disputes with management.
18 February 2026 · The Namibian →
Industry players and unionists allege that fishing companies are threatening mass layoffs to pressure the government for increased quotas, with Gendev announcing the retrenchment of over 400 workers. The labour minister has placed Gendev's retrenchments on hold pending stakeholder consultation and rejected proposals to allocate quotas directly to employees.
30 January 2026 · New Era →
Horse mackerel processing company Gendev Fishing Group has notified the labour ministry of a contemplated retrenchment of 489 employees, citing sustained financial losses and reduced revenue. If implemented, the layoffs would bring total job losses in the wet-landed pelagic fishing sector to 1,100 since December, though the company says no final decision has been made pending mandatory consultation.
28 January 2026 · New Era →
The Namibian Seamen and Allied Workers' Union has rejected Gendev Fishing's planned retrenchment of 489 employees, arguing the company breached labour law and failed to properly consult workers before issuing retrenchment notices. The company cited sustained financial losses, reduced revenue, and operational challenges as reasons for the contemplated retrenchments.
28 January 2026 · The Namibian →