Namibian waters are among the world's richest fishing grounds. Officials there have been lauded for tight fisheries controls, and for stemming the power of foreign fishing companies. But an investigation by the International Consortium of Investigative Journalists has found that the system isn't working for Namibia's most valuable fish: hake.
Politically-connected Namibians and Spanish companies corner the trade. This year, against its own scientists' advice, the government folded under industry pressure and increased hake quotas.