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Cummins eyes fishing sector

Cummins Inc. the largest independent diesel engine manufacturer globally produces both diesel and alternative fuel engines used extensively in transport, mining, construction and as electrical generator sets, are now aggressively targeting an increase in market share of the trawler and fishing vessel market with a range of diesel engines from 2.8 to 95 litres.

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Tricky tides for fishing sector

A High Court decision which lifts an interdict that precluded the Department of Agriculture, Forestry and Fisheries (DAFF) from awarding hake fishing rights for the inshore trawl fishery is certain to send ominous ripples through the local fishing industry.

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What's the catch?

Stalwart Cape Town fishing companies are still reeling in the big profit catches – but the first attempts to angle for deals ahead of the new allocation of 2020 fishing rights have become evident.

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Agri Processing

As the name suggests, the agri-processing industry transforms and adds value to products that originate from agriculture, forestry and fisheries and its Standard Industrial Classification categorises 11 divisions that make up the sector: food, beverages, paper and paper products, wood and wood products, textiles, wearing apparel, furniture, tobacco, rubber products, footwear and leather and leather products.

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Premfish baits investors

Cape Town-based Premier Fishing has confirmed its listing on the JSE this year, and with that development the company has offered some interesting insights into future profit projections.

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