Some R800m has been set aside for the Aquaculture Development and Enhancement Programme, to promote the growth of aquaculture, which has been identified as a key growth industry given the falling fish stocks in the wild.
• Boost for food processing sector
The second day of the fifth Brics summit saw a number of co-operation agreements signed between the attending heads of state in fields ranging from nuclear medicine and military technology to rail transport and the much-anticipated Brics bank.
• Building revenue with beneficiation
Beneficiation is a more effective way of building revenue than raising taxation, and BRICS countries should develop their own industries instead of simply handing over their wealth, industry leaders told delegates to the fifth BRICS summit under way in Durban.
• Brics journos get to know SA