Captain's Log
FISHING INDUSTRY NEWS ARTICLE – ITAC MAY 2021
ITAC PROHIBITION ON THE PURCHASE AND IMPORT OF SECONDHAND/USED FISHING VESSELS INTO SOUTH AFRICA Section 6 (1) (b) of the Act reads as follows: "(6) 1 the Minister, may by notice in the gazette, prescribe that no goods of a specified class or kind, or no goods other than goods ...
A South African Fishing Industry Tribute to Rachel Zeelie (20 February 1965 – 7 March 2021)
The 7th of March 2021 marked the sad passing of Rachel Zeelie, long serving consultant to the fishing industry. A South African Fishing Industry Tribute to Rachel was held at the Italian Club in Cape Town on 27 March 2021. A number of industry representatives Mike Stowe, Dr Johan Augustyn, ...
DFFE PUBLICATION OF FIRST 3 SOCIO ECONOMIC ASSESSMENT SYSTEMS (SEIAS)
Dear Clients On Friday 14 May 2021 the Department of Forestry, Fisheries and Environment (DFFE) circulated the initial phase of the Socio-Economic Impact Assessment Systems (SEIAS) for three sectors coming up for reallocation in FRAP 2021. The three sectors were: Demersal Shark; Hake Longline: and Hake Deep sea Trawl. The ...
AMENDMENTS TO EXEMPTION CONDITIONS
Dear Clients Please see the link below to public notice published by the Department of Forestry, Fisheries and the Environment (“DFFE”) this morning. The attached notice effectively amends the conditions under which Exemption Holders are permitted to operate (“exemption conditions”), particularly as they relate to the transfers of shares / ...
SHAREHOLDERS RIGHTS OF PRE-EMPTION – MAKE SURE THERE IS CLARITY
Dear Clients A shareholder’s rights of pre-emption, or pre-emptive rights as they are more commonly referred, in essence refers to a shareholders right of first refusal to be offered another shareholders shares in the event that such shareholder should wish to dispose of his / her shares. By way of ...