In Namibia, the Ministry of Marine Resources and Fisheries has recently announced good news for the seafood industry which exports hake products. The total allowance catch (TAC) for 2011/2012 season had an increase of 40,000 metrics tonnes, this is a beneficial news for the fishing sector as this new scheme might decrease the level of unemployment in the country and also concrete the employed persons in the fishing sector.
In the past years the main factors affecting the hake export market was mainly because of increased of fuel prices, poor demand for high quality products and poor currency prices. This recommendation has already been approved by the ministry of fisheries and marine resources. Besides, the catching of hake fish in Namibia has faced many difficulties in the past years due to exports difficulties.
According to the section 38 of the Marine Resources Act 27 of 2000, the TAC need to be increase in line with the law and this can only be done on a scientific basis with tangible evidences and advices.
http://www.economist.com.na/index.php?option=com_content&view=article&id=23507:hake-tac-increased-for-20112012&catid=588:special-focus
