Source: ICSF
Mozambique's fishing industry is on the verge of collapse due to constant rises in global fuel costs, a top official said. The National Director of Fisheries Administration, Ivone Lichucha, told Reuters in an interview on Thursday that about 51 engine boats of the 59 registered are no longer fishing due to their owners' inability to buy fuel.
"The (fishing) industry is heading to a near collapse, many fishermen can no longer make it to the sea. Constant increase in fuel prices is having a heavy impact while most of their boats are obsolete," Lichucha said.
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