Browsing Tag

tuna

The Economic Impact of Unlawful Tuna Fishing Along Somalia’s Shores: A Local and International Perspective

The relentless pillage of yellowfin tuna in Somali waters is a troubling saga, unravelling as a grim tale affecting local livelihoods and looming ominously over global food security. The ripples of this exploitation stretch far and wide, touching ecosystems and economies in profoundly unsettling ways. But, how did this come to pass? One can't help but wonder about the brazen illegal activities by Chinese vessels, which have become a stark symbol of unchecked ambition and disregard for maritime laws. These vessels prowl…

Illegal Fishing of Yellowfin Tuna Drains Somalia of $300 Million Each Year

Mogadishu (AX) — A startling revelation has emerged from ENACT Africa, an EU-initiated program focused on thwarting the scourge of transnational organized crime within the continent. The fresh data paints a grim picture, spotlighting how illicit fishing activities are wreaking havoc on Somalia's aquatic bounty, endangering the much-coveted yellowfin tuna, and unearthing glaring gaps in maritime management. It's a real fishy business, if you ask me! Could you imagine a more tantalizing prospect? Somalia, boasting the…

19 people tried in Mozambique tuna bond scandal

A trial has started for 19 suspects in Mozambique's "hidden debt" or "tuna bonds" scandal. The corruption case allegedly involved a tuna company, maritime security companies and more than $ 2 billion in loans. On Monday, South Africa promised to extradite the man who was then Mozambique's…

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