South Africa's Large Pelagic Fishery Failure
The Department of Fisheries recently confirmed that despite its various promises over the past 2 years, the large pelagic fishery and particularly our Southern Bluefin tuna (SBT) catches, has confirmed how poor our fisheries management policies are and how they continue to deterring foreign and domestic investment in our fisheries economy. The Department has confirmed that 75% of the 2018 SBT has not been caught. A mere 15 of the more than 50 right holders are fishing. What happened to the thousands of jobs we were promised when the Commission for the Conservation of Southern Bluefin Tunas (CCSBT) announced South Africa's additional SBT quota? Our ongoing failure to attract the vessels and professional experts to harvest our large pelagic quotas is directly rooted in the fact that foreign vessel owners and investors have identified South Africa as being entirely unattractive and in fact a significant risk to investment. We need to urgently review how we ma...