LETTER: Big fisheries’ monopoly cannot be defended
The trawling industry created immense wealth for a few companies and individuals, leaving the majority in the sector impoverished
Sea Harvest CEO and SA Deep-Sea Trawling Industry Association chair Felix Ratheb attempts the impossible by defending the centralisation of the large companies and their continued long-term domination of the fishing industry, in particular the hake deep-sea trawl fishery through the fishing rights allocation process (“Why fragmenting fishing rights could actually harm black-owned SMMEs (https://www.businesslive.co.za/bd/opinion/2021-01-20-why-fragmenting-fishing-rights-could-actually-harm-black-owned-smmes/)”, February 20).
He admits that “the proposition that additional opportunities should be created in the fishery for black-owned SMMEs is less easy to dispel because it goes right to the heart of the government’s macroeconomic policy, which entrenches SMMEs as drivers of economic growth, transformation and job creation”...
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