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The Socio-economic Impact Of The Squid Stock Volatility In The Eastern Cape Province Of South Africa

This is an ongoing paper that discusses the socio-economics of three neighbouring small towns (Humansdorp, St. Francis and Jeffreys Bay) in the Eastern Cape of South Africa, each largely dependent on the squid fishery. The paper addresses four issues: (1) the operations of the squid industry in Sout...

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Main Author: Mthembu, Senzo Peter
Other Authors: Leiman, Anthony
Format: Thesis
Language:English
Published: School of Economics 2020
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access_status_str Open Access
author Mthembu, Senzo Peter
author2 Leiman, Anthony
author_browse Leiman, Anthony
Mthembu, Senzo Peter
author_facet Leiman, Anthony
Mthembu, Senzo Peter
author_sort Mthembu, Senzo Peter
collection Thesis
description This is an ongoing paper that discusses the socio-economics of three neighbouring small towns (Humansdorp, St. Francis and Jeffreys Bay) in the Eastern Cape of South Africa, each largely dependent on the squid fishery. The paper addresses four issues: (1) the operations of the squid industry in South Africa; (2) the local impacts of its operations; (3) the financial stability of the industry and (4) the manner in which the resource and the industry are managed by the ministry (and the implications of this). The linkages of the squid industry into both the local and provincial economies are estimated using mixed data from existing survey and census statistics, and from qualitative interviews and questionnaires. The paper also describes the roles played by industry participants in the squid value chain. A key element in the debates surrounding the management of marine resources is the benefits they provide for previously disadvantaged populations. The paper unravels some of the complexities underpinning this issue, in particular concerns regarding resource rights, management through closed seasons, and control over value chains. The stability and geographical origins of affected communities are focal issues. The paper also identifies major costs of industry operations and roughly quantifies them as a preliminary to establishing linkages to the local economy. It is noted that although the different vessels in operation vary in size and cost, the basic technology used is similar. The return on capital depends, therefore, on the skills of the fishers and the health of the resource.
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institution University of Cape Town (South Africa)
language eng
last_indexed 2026-06-10T12:32:09.918Z
license_str Not specified — see source repository
provenance_str_mv Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository
publishDate 2020
publishDateRange 2020
publishDateSort 2020
publisher School of Economics
publisherStr School of Economics
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source_str UCTD — University of Cape Town Open Access Repository
spelling oai:open.uct.ac.za:11427/31078 The Socio-economic Impact Of The Squid Stock Volatility In The Eastern Cape Province Of South Africa Mthembu, Senzo Peter Leiman, Anthony Economics This is an ongoing paper that discusses the socio-economics of three neighbouring small towns (Humansdorp, St. Francis and Jeffreys Bay) in the Eastern Cape of South Africa, each largely dependent on the squid fishery. The paper addresses four issues: (1) the operations of the squid industry in South Africa; (2) the local impacts of its operations; (3) the financial stability of the industry and (4) the manner in which the resource and the industry are managed by the ministry (and the implications of this). The linkages of the squid industry into both the local and provincial economies are estimated using mixed data from existing survey and census statistics, and from qualitative interviews and questionnaires. The paper also describes the roles played by industry participants in the squid value chain. A key element in the debates surrounding the management of marine resources is the benefits they provide for previously disadvantaged populations. The paper unravels some of the complexities underpinning this issue, in particular concerns regarding resource rights, management through closed seasons, and control over value chains. The stability and geographical origins of affected communities are focal issues. The paper also identifies major costs of industry operations and roughly quantifies them as a preliminary to establishing linkages to the local economy. It is noted that although the different vessels in operation vary in size and cost, the basic technology used is similar. The return on capital depends, therefore, on the skills of the fishers and the health of the resource. 2020-02-13T09:24:07Z 2020-02-13T09:24:07Z 2019 2020-02-12T11:13:46Z Master Thesis Masters MCom http://hdl.handle.net/11427/31078 eng application/pdf School of Economics Faculty of Commerce
spellingShingle Economics
Mthembu, Senzo Peter
The Socio-economic Impact Of The Squid Stock Volatility In The Eastern Cape Province Of South Africa
thesis_degree_str Master's
title The Socio-economic Impact Of The Squid Stock Volatility In The Eastern Cape Province Of South Africa
title_full The Socio-economic Impact Of The Squid Stock Volatility In The Eastern Cape Province Of South Africa
title_fullStr The Socio-economic Impact Of The Squid Stock Volatility In The Eastern Cape Province Of South Africa
title_full_unstemmed The Socio-economic Impact Of The Squid Stock Volatility In The Eastern Cape Province Of South Africa
title_short The Socio-economic Impact Of The Squid Stock Volatility In The Eastern Cape Province Of South Africa
title_sort socio economic impact of the squid stock volatility in the eastern cape province of south africa
topic Economics
url http://hdl.handle.net/11427/31078
work_keys_str_mv AT mthembusenzopeter thesocioeconomicimpactofthesquidstockvolatilityintheeasterncapeprovinceofsouthafrica
AT mthembusenzopeter socioeconomicimpactofthesquidstockvolatilityintheeasterncapeprovinceofsouthafrica