DAY 20 – MONEY 2 – DOUGLAS SHAW

Tackling South African Banking malpractices There are problems in the banking system due to banking malpractices. Most banks borrow short and lend long. If there is a run on the bank and people want their money, but the bank has lent it out on mortgages, then it will not have the cash to return to […]

DAY 20 – FISH 6 – RECAP ON THE DECK

There are problems around maintaining fish stocks and the ocean environment. In South Africa local fishermen are deprived by a fishing system that is corrupt. Managing natural resources is as much about politics as it is about natural resources. Each stakeholder in a fisher will blame the other. The bottom line is that we are […]

DAY 20 – MONEY – DOUGLAS SHAW

Tackling South African Banking Malpractices In order to understand banking malpractices we have to know what money is. If someone has a big house does this mean that tney necessarily have money? No – because money is not wealth and his wealth might not be reflected in the amount of cash he has on hand. […]

DAY 20 – FISH 5 – FISHERS

The team visit Hout Bay harbour to learn about fishing practices. Foreign commercial fishing ships take everything that lands in their nets, i.e. there are no legal restrictions on them. Local fishers on the other hand are not allowed to catch anything without a license for that specific species. These restrictions plus low quotas are […]

DAY 20 – FISH 3 – NEIL DEACON

We need to question the value that we place on fish. We pay very little for non-premium species such as Snoek and Yellowtail. We should be paying more for fish that are threatened. Fish are superior protein to animal meat. By-catch is fish that are caught that are not targetted species, so they are collatoral […]

DAY 20 – FISH 2 – NEIL DEACON

There are a number of challenges with regard to maintaining fish populations in the marine and fresh water environments. These include over-fishing, sustaining edible fish populations, regulations and Marine Protected Areas, harvesting fish of the right age to protect breeding cycles and maintenance of fresh water environments. One needs to identify what fish you are […]

DAY 20 – FISH 1 – NEIL DEACON

The marine environment is very complex and it is difficult to get to grips with the complexity. It is expensive and difficult to conduct research in the marine environment. In order to assess a fishery we work on how efficiently we are able to kill them, based on a measure called catch per unit effort, which […]

DAY 20 – ENVIRONMENTAL LAW – CORMAC CULLINAN

FIRST HALF Human behavior is causing environmental problems and he decided to go into law to help solve them. He saw that the problem was deeper than the law itself. It lies in the way we look at the world. He went into the philosophy of law – jurisprudence. He developed with others earth jurisprudence. […]