Saturday, December 3, 2011

Something Fishy in R1bn Patrol Tender

Something fishy in R1bn patrol tender
BOBBY JORDAN | 04 December, 2011

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A POLITICALLY connected consortium which owns one of the country's biggest fishing companies has secured a nearly R1-billion tender to police South Africa's fishing industry at sea.

Top empowerment firm Sekunjalo Investments heads the consortium.

This has triggered concerns that the company is set to become both player and referee in the policing of the country's R2-billion-a-year fishing industry.

Sekunjalo owns a majority stake in Premier Fishing, which is active in several fisheries including rock lobster, anchovies, pilchard, hake and squid.

A senior industry source said giving a fishing company influence over the country's patrol fleet was a case of "the wolf guarding the hen house".

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