ANTHONY CLARK: Call me a sardine, but I see opportunity in Sea Harvest

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A weaker rand, strong demand for white fish from overseas markets and higher global prices should benefit the company

For years, only Oceana Holdings was listed; then, in 2017, there was an IPO flurry ahead of the long-term fishing rights allocation process, known as Frap 2020. Both Sea Harvest and Premier Fishing listed in the first quarter of 2017.

Since listing, both have been seasick, with Sea Harvest declining 16% from its R12.50 listing price and Premier slumping 70% from its 450c offer price...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

 

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Call For Africa's Leaders to Commit to Reaching 2030 SDGsThe Deputy Secretary General of the United Nations Amina Mohammed, has advised African leaders to support and invest in environmental and sustainability solutions that have their roots in the continent. Mohammed, gave the advice at the opening ceremony of the Ninth Session of the Africa Regional Forum on Sustainable Development (ARFSD-9), held in Niamey, Niger Republic, where she tasked African leaders to understand that true African-led solutions that were born in the continent would enable them to meet the challenges of Agenda 2063 and the SDGs. She also tasked African leaders to ensure that young people play a key role in the digital economy. "When the world leaders, including our 54 African leaders, gather for the SDG Summit next September, it is solutions that are likely arising in Africa that must be supported and must be invested in," Mohamed said. Africa is faced with incredible complexities in our environment in which we must achieve so much with so little, and urgently, for our people and the environment that we live in. Mohamed said countries can change course and rise to the challenge through "African-led solutions, born on African soil", noting that the Continental Free-Trade Agreement has the potential to lift 30 million people out of extreme poverty. Nah, SDGs are counterproductive. Africa should industrialize and stop listening to the hot air UN employees spew. No. Africa should industrialize and ignore the eugenicist UN SDG goals.
Source: allafrica - 🏆 1. / 99 Read more »