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HeraldLive reports that, with the sardine catch quota drastically reduced, a southern Cape fishing company has turned to Africa to “keep the pot boiling” at its canning factory and so retain its 400 factory employees.
Afro Fishing has imported thousands of tons of Moroccan sardines through the Port of Ngqura since it signed a R90-million deal involving Moroccan fishing companies in November. CE Dewald Lourens said: “It’s an expensive operation and the margins are narrow so it’s a nerve-racking business. But we have nearly 400 people working at our factory and there aren’t many jobs out there if we had to lay them off. We had to do something.” The deal was precipitated by the drastic reduction in the annual national total allowable catch (TAC) for sardines issued by SA’s Department of Forestry and Fisheries from 90,000 tons in 2014 to 23,964 tons this year. Meantime, sardine sales are booming in Morocco.
- Read this report by Guy Rogers in full at HeraldLive
Get other news reports at the SA Labour News home page