Why fragmenting fishing rights could actually harm black-owned SMMEs
20 January 2021 - 16:08
It is no surprise that the subject of fishing, in particular who has the right to fish in the UK’s exclusive economic zone, was one of the major stumbling blocks in the recent Brexit trade talks. Even though fishing is a tiny part of the UK and European economies, it carries big political weight.
It is no different in SA. Commercial fishing is believed to contribute about 0.5% to GDP, yet the subject of who secures the right to catch SA’s commercially valuable fisheries resources is contentious and likely to absorb the energy and resources of local fishing companies for much of this year. ..
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