Fishing rights allocations dampen Sea Harvest’s results

United States News News

Fishing rights allocations dampen Sea Harvest’s results
United States Latest News,United States Headlines
  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Sea Harvest lost about a tenth of its hake allocation and felt a reduction in its total allowed catch through the process

Fishing group Sea Harvest lost about a quarter in operating profit in the first half of 2022 as the government’s Fishing Rights Allocation Process cut its hake volumes and higher fuel prices pushed up operating costs.

Sea Harvest lost about a tenth of its hake allocation and saw a reduction in its total allowed catch through the process by the department of environment, forestry and fisheries, which allocated commercial fishing rights to ensure sustainable harvesting of the country’s marine resources while addressing historical inequalities by allowing new entrants...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BDliveSA /  🏆 12. in ZA

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Why women investors make better returns than menWhy women investors make better returns than men[ICYMI] MoneywebNow podcast with SimonPB, analysis of Jerome Powell’s warning on higher interest rates, Grinrod results and what women are doing right when investing. download the podcast:
Read more »

Having never been a banker, Operation Vulindlela is off the bridle againSustained economic recovery depends on a comprehensive suite of investment-attracting and job creation-promoting exemptions from restrictive, confidence-dampening legislation and regulations.
Read more »

9 hijacking trends and methods to look out for in South Africa9 hijacking trends and methods to look out for in South AfricaWhile some hijackings are meticulously planned, others are opportunistic, with hijackers taking advantage of being at the right place, at the right time, according to insurer, Dialdirect.
Read more »



Render Time: 2025-03-04 06:48:19