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WE CARE
INITIATIVES
AND TRUSTS
We empower communities by equipping individuals with skills, resources and opportunities, to positively transform lives across Namibia.
Dedicated to making a meaningful impact, we invest heavily in the local fishing industry, our employees, suppliers, and communities, fostering long-term sustainability and growth. Our commitment extends to responsibly using Namibia’s marine resources and supporting the nation’s economic development.
COMMUNITY SUPPORT INITIATIVES
ARECHANAB COMMUNITY TRUST (ACT)
The Arechanab Community Trust (ACT) is a shareholder in Arechanab Fishing & Development Company (Pty) Ltd, one of Erongo Marine’s Namibian-registered Horse Mackerel rights-holding partners.
Established as a CSI vehicle, ACT is committed to uplifting previously disadvantaged communities through financial assistance. Governed by Namibian-appointed Trustees in line with its Trust Deed, ACT ensures impactful and responsible social investment.
UNITY COMMUNITY TRUST (UCT)
The Unity Community Trust (UCT) is a shareholder in Cerocic Fishing (Pty) Ltd, one of Erongo Marine Enterprises’ Namibian-registered Horse Mackerel rights-holding partners.
Established as a CSI vehicle, UCT is committed
to uplifting previously disadvantaged communities through financial assistance. Governed by Namibian-appointed Trustees in
line with its Trust Deed, UCT ensures impactful and responsible social investment.
WORKERS' TRUST
ERONGO MARINE HARAMBEE
The Erongo Marine Harambee Workers Trust was established in 2017 by Erongo Marine Enterprises to ensure broad-based economic empowerment of the company’s permanent employees, most of whom are employed as fishermen onboard its vessels. Through the Trust, Erongo Marine’s workers were given shares in the horse mackerel right holding company, Arechanab Fishing and Development Company (Pty) Ltd, of which Erongo Marine is a shareholder. The fishermen derive a financial benefit from the allocated quota and thus earn a direct income from this natural resource.
Since 2018, the Trust has annually distributed all declared dividends from Arechanab Fishing equally among its beneficiaries.
2021 SHAREHOLDING EXPANSION
In 2021, the Erongo Marine Harambee Workers Trust expanded its investment portfolio by acquiring a 31% shareholding in Commercial Cold Storage Namibia (CCS), the largest and most advanced cold store in Namibia, located at the port of Walvis Bay. At the time, CCS was a wholly owned subsidiary of the Oceana Group.
In 2023, Oceana sold CCS to African Infrastructure Investment Managers (AIIM), a subsidiary of Old Mutual Investments. CCS now forms part of Commercial Cold Holdings (CCH) and is proudly listed by the Global Cold Chain Alliance as one of the top 25 largest refrigerated warehousing and logistics providers in the world.
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