South Africa’s largest fishing group, Oceana, is number one in this year’s Mail & Guardian Most Empowered Companies ranking. The participants in the Mail & Guardian/Empowerdex Empowered Companies Survey (ECS) include all the companies listed in the Johannesburg Stock Exchange (JSE) other than those on venture capital and development boards. The survey is aimed at… Read more »
Posts Categorized: 2014
OCEANA GROUP CONVERTS FISHING RIGHTS INTO SHARED VALUE WITH MULTI-MILLION RAND PAYOUT
[Cape Town, April 3, 2014] – South Africa’s leading empowered fishing company, Oceana Group, will pay out R289-million to employee beneficiaries of the Oceana Empowerment Trust, as value created through harvesting fishing rights is unlocked and converted into shared broad-based value. In 2006, Oceana established an employee share ownership scheme, the Oceana Empowerment Trust (the… Read more »
