Deep sea trawling industry marks historic 50-year milestone
The South African Deep-Sea Trawling Industry Association (SADSTIA) which represents companies engaged in the catching, processing and marketing of Cape hake, marks its 50th anniversary in March. The anniversary comes just six months after the conclusion of a lengthy and demanding rights allocation process. The anniversary comes just six months after the conclusion of a lengthy and demanding rights allocation process. This process saw the Department of Forestry, Fisheries and the Environment (DFFE) allocate 15-year rights to the fishery, increasing the number of rights holders from 33 to 37. The fishery contributes an estimated R8,5 billion rand to the South African economy annually and supports approximately 12 400 jobs, mostly in the Western Cape, but also in the Eastern Cape. more, >>click to read<< 21:26
Leave a Reply