Fishing & Aquaculture

The fishing industry includes all activities concerned with deep-sea trawling, small boat fishing, controlled farming/culturing for both replenishment of depleted/endangered species as well as for commercial consumption purposes, processing, preserving, storing, transporting, marketing or selling of fish or fish products.

The industry includes recreational activities such as angling off-shore or in lakes using boats, subsistence and commercial fishing, and the harvesting, processing, and marketing of fish products. It plays an important role in securing employment, income and food security for South Africa. Most importantly trade in fish represents a significant source of foreign currency earnings for the country through exports.

The fishing and aquaculture industry makes an R80 billion annual contribution to the South African GDP.
The value of the national catch across 22 commercial fishing industries is also estimated between 5 billion rands and 6 billion rands annually. The industry contributes approximately 31 500 to direct employment and an estimated 81 000 to indirect employment. It is further estimated that 500 000 people participate in South Africa's Recreational Fishery.

Notwithstanding the above performance of the industry, it has been noted that fishing needs to overcome a series of identified challenges if it is to optimise the opportunities in the fishing and aquaculture industry of South Africa. The source of these inhibitive factors is multifold, requiring a well-orchestrated and collaborative response from the industry, government and all the other relevant stakeholders.

The South Africa Maritime Industry Conference (SAMIC) will bring together a representative grouping of key decision makers along the Fishing and Aquaculture value chain to design the most optimal solution for establishing a flourishing fishing industry.