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Illegal fishing costs Mozambique $70m annually, report reveals

Illegal fishing costs Mozambique $70m annually, report reveals

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Home Business & Economy

Illegal fishing costs Mozambique $70m annually, report reveals

by Editorial Staff
2 years ago
in Business & Economy
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A REPORT released on Friday reveals that Mozambique suffers a substantial economic blow, losing approximately $70 million each year due to the rampant issue of illegal fishing. This alarming revelation comes fr
om the Ministry of Fisheries and Agriculture, stressing the urgent need for intervention to safeguard the country’s marine resources and the livelihoods of its people.

According to Maria Pinto, the Ministry’s permanent secretary, who spoke at a forum in the capital city of Maputo, Mozambique’s annual loss due to illegal fishing ranges between $60 to $70 million. Pinto urged the nation to reflect deeply on the consequences of this predatory practice, emphasising the significant role of fishing, particularly artisanal fishing, in the lives of Mozambicans and its pivotal contribution to the national economy.

‘In Mozambique, this sub-sector contributes an astonishing 98 percent of the total national fisheries production, making it a powerful generator of employment and income. It stimula
tes the growth of various subsidiary industries and serves as a source of livelihood for a substantial portion of the population,’ stated Pinto, underlining th
e profound impact of the fishing industry.

While acknowledging the undeniable positive aspects of fishing, Pinto also underscored the persistent challenge of responsibly using marine resources and preserving biodiversity for future generations. This issue has profound implications not only for Mozambique’s economy but also for its
long-term sustainability.
Furthermore, Pinto pointed out that the involvement of women throughout the production chain is increasing, particularly in fish processing and marketing activities. This shift represents a noteworthy development in the sector, highlighting the crucial role women are playing in various aspects of the fishing industry.

Illegal fishing in Mozambique not only poses an economic threat but also jeopardises the delicate balance of marine ecosystems and biodiversity. With annual losses reaching staggering figures, the government a
nd relevant authorities must take swift and effective action to combat this pressing issue. The sustainability of artisanal fishing and the preservation of marine resources hang in the balance, making it imper

pharmacy

ative for Mozambique to tackle illegal fishing head-on.

As Mozambique grapples with this critical issue, the nation’s commitment to sustainable fishing practices and the inclusion of women in the sector signify steps toward a more responsible and thriving fishing industry.

 

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Editorial Staff

Editorial Staff

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