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2.1
The Economic Impact of the BCLME
BCLME Fisheries
For the people of Angola, Namibia and South Africa, the
BCLME fisheries supply nourishment, employment, enterprise,
revenue and a way of life. Angolans rely almost solely on fish as
their source of protein, directly consuming 11.1 kg per person
per annum, while South Africa’s fishing industry supplies food
for thewhole South African subregion. Angola’s revenues from
fish product exports amount to millions of U.S. dollars, and in
all three countries, most fishing companies are locally owned
or are joint ventures with foreign companies. In Angola,
artisanal fishing and informal fish trading, which involve
thousands, mostly women, are a part of local culture. Similarly,
local employment in fishing-sector jobs has been growing
in Namibia since its independence in 1990. Populations,
specifically inmajor fishing ports such asWalvis Bay of Namibia
(where most of the country’s processing plants are located)
Figure 5:
Direct Output Impact from the BCLME Fisheries in
US$ million (2006).
Source: Sumaila (2015).
Figure 6:
Number of People Employed by the BCLME
Fisheries (2006).
Source: Sumaila (2015).
and the Western Cape of South Africa, have created a society
based on the fishing culture.
85
The total BCLME fisheries catch (2006) is 966,000 tons,
giving rise to a DOI of US$ 517 million annually (see
appendix A).
86
The DOI is the product of landed quantities
of fish and ex-vessel prices or “the prices that fishers receive
when they sell their catch” and does not include costs.
87
The
BCLME fishing sector employs approximately 75,000 people
per year (Figure 6).
88
Of the three BCLME countries, Namibia brings in the largest
catch, with a DOI of US$ 303 million – roughly three times
that of Angola or South Africa (Figure 5). Despite Namibia’s
huge economic gains, the fishing sector employs over twice
asmany people in both Angola and South Africa as it employs
in Namibia (Figure 6).
89
Namibia
$303
Angola
$105
An
0
South
Africa
$109
Africa
$109
Namibia
14,000
Angola
31,000
South
Africa
30,000