Wednesday, June 13, 2012

Business Day Report on Threat to Fisheries Jobs

Business Day this morning reports that SA’s commercial hake trawl fisheries could lose their Marine Stewardship Council (MSC) membership next month, cutting the industry off from the lucrative European market and jeopardising about 5000 jobs.

The loss of SA’s deep sea trawler-caught hake export market — estimated to be worth half the country’s total R2,89bn a year deep sea hake market — would cause a price collapse as unaccredited fish would flood the South African market, said Tim Redell, chairman of Fish SA, an umbrella body of fisheries associations, yesterday.

Read the Business Day article here (Please note that the reference to the value of the pilchard and anchovy fisheries in the article is incorrect. These values should read R185 million and R573 million, respectively.)

1 comment:

  1. hi this is good information of Business Day Report on Threat to Fisheries Jobs.

    Business Resources.