aquaculture teach a man to fish farm...pdf
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8/14/2015 Aquaculture: Teach a man to fish farm... | Southern Africa
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HOME FRI, 14 AUG 2015
LAKE HARVEST COVERS MORE THAN 1,000HA ON KARIBA’S EAST SHORE. PHOTO©JOHN CASSIM
We do it illegally because it doesnot make any business sense toget fishing licences and compete
Posted on Friday, 05 December 2014 16:55
Aquaculture: Teach a man to fish farm...By Frank Chikowore in Kariba and Charlie Hamilton
The Lake Harvest project in Kariba has attracted muchneeded investment to Zimbabwe and is showing
others how to implement sustainable practices.
A Zimbabwean fish farming project that began life in 1999 producing less than 2,500tn of tilapia per year has grown
to become one of Southern Africa's principal fish producers and a model for sustainable development.
With a staff of some 800 people, the Lake Harvest
Aquaculture project on the eastern shores of Lake
Kariba is now the largest sustainable fish farm in
Africa and has rapidly become a crucial lynchpin of
the local economy.
The facility spans more than 1,000ha including areas dedicated to fish rearing, feeding and processing, and there are
plans to expand the site to around 1,200ha by 2015.
The project is owned by African Century Group, an investment company based in Mauritius that works predominantly
in the food, property and financial services sectors.
Its ownership structure has led to concerns that the company may fall foul of indigenisation regulations – these
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stipulate that all foreignowned firms must cede at least 51% of their shareholding to Zimbabweans.
Staff from the Lake Harvest Aquaculture project declined to make a formal comment to The Africa Report.
Located to the east of the Kariba Dam wall, the project, which began on a small scale, took off after being granted an
$8m loan from the African Development Bank (AfDB) in 2011.
The capital injection allowed the company to grow rapidly. It now produces some 10,000tn of fish per year, while it is
projected to contribute around $33m in government revenue by 2023, according to the AfDB.
Flying fish
Around 37% of annual production goes to the Zimbabwean market, with around 50% exported to the region:
Zambia, Malawi, Angola, South Africa and DRC.
Around 13% goes to Europe, providing muchneeded foreign exchange revenue.
According to the AfDB, the total potential demand for tilapia in regional markets is 100,000tn per year, suggesting
there is plenty of growth potential for the industry.
Soaring demand has driven the firm to expand beyond Kariba, reported a manager at the farm on the condition of
anonymity.
"We have now set up a depot in Harare, and we are also exporting to other countries as the demand for our product
is growing every day, in and outside Zimbabwe," he explained.
Jobs for women
The project is the AfDB's first such privatesector investment in Zimbabwe and is part of the bank's tentative re
engagement with the country after decades of soaring inflation and debt arrears cooled investors' appetites.
The project received $12m in additional investment from a host of other international development finance
institutions.
The project is also praised for the gender balance of employees.
Some 42% of the administration and fishprocessing staff are women, according to 2011 data from the AfDB.
The fish farm is due to employ 900 people by next year.
In addition to the direct employment the project has generated, there is also a thriving industry of tertiary services
such as fuel suppliers, feed transporters and logistics companies that has sprung up around Kariba, a town of some
20,000 people.
However, the need to comply with international food standard regulations that enable profitable exports has driven
up the price of fish beyond the reach of many locals.
There is a lucrative trade in illegally procured fish.
"We are left with no choice but to concentrate on kapenta fish harvesting and any other fish that is not tilapia.
"We do it illegally because it does not make any business sense to get fishing licences and compete with established
companies like Lake Harvest that have huge financial backing," says Lloyd Farai Gumbo, a fisherman. ●
Tags:AfDB Agribusiness Investments Kariba Mauritius
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