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June 21, 2010
Caught in a legal net
The state is in for a bruising legal battle over fishing rights, which could have far reaching, precedent-setting consequences for transformation, not only in the fishing industry but across the economy.
JSE-listed fishing company Oceana and its subsidiary, Blue Continent Products, are taking government to court, frustrated that its five applications over the past two years, seeking the transfer of fishing rights or quotas from third parties, are being declined or ignored by Marine & Coastal Management (MCM).
Posted by StaffWriter at June 21, 2010 11:06 AM