Gendev Fishing taken to court over non-delivery of fish worth N$3.1 million
Gendev Fishing Group is facing a lawsuit from CitiProduce over the non-delivery of fish valued at N$3.1 million. The company is also dealing with internal labor disputes and a government-ordered forensic audit regarding allegations of financial mismanagement.
Why it matters
The legal and financial troubles of a major fishing entity highlight risks in supply chain agreements and corporate governance in the region.
CITIPRODUCE CC, a local company, has taken Gendev Fishing Group (Pty) Ltd to court over the non-delivery of fish worth N$3.1 million, which it alleges the company failed to deliver.
The Gendev Fishing Group is also currently embroiled in a salary dispute with workers after it gave employees a 24-hour ultimatum until 23 July 2026 to accept a salary increment of N$6 700, up from N$2 960, representing a 120% increase. The company said the increase demonstrates its commitment to improving employee welfare and providing fair compensation.
In May 2026, President Netumbo Nandi-Ndaitwah also ordered a forensic audit into the affairs of the 60%-SWAPO-owned Gendev Fishing Group after allegations surfaced of missing millions.
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