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Novanam workers demand their share
Niël Terblanché
EMPLOYEES and former employees of Novanam gathered in front of different fishing factories operated by the company in both Walvis Bay and Lüderitz to protest against the fact that their rightful share in the company has never been honoured.
Their grievance is against the Executive Chairman of Novanam, who created a share account for workers in 1997 in order to demonstrate the company’s social responsibility in return for larger fishing quotas and a reduction in levies and taxes that the company paid towards the Namibian Government.
“After working for the company most of our lives, we discovered the existence of the share account. The scary part is that the company kept the existence of the shares that all workers are entitled to a secret. The company even used some of the money that has been earning rent in a share account without the workers ever knowing about it,” said one former worker that participated in the demonst