Saturday 25 April 2009

Lake Victoria fish exports fall by 70 pct

From IPPMedia, Dar es Salaam
By Bilal Abdul-Aziz, recently in Mwanza

The global economic crisis has devastated the fishing industry in Tanzania's portion of the Lake Victoria zone, with exports having fallen by 71 per cent on average, The Guardian has established.

Fish sellers and dealers in one of the world’s most expansive fresh water lakes said in separate interviews over the last week that export cuts had dropped by a whopping 92 and 50 per cent among local dealers and large-scale processing factories, respectively.

Sellers of diverse fish products at the Mwaloni International Fish Market, talked of an alarming decrease in exports over the last three to four months. Most blamed the situation on problems in accessing credit facilities.

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