Established in 1964 in the fishing village of Saldanha Bay, Sea Harvest is South Africa’s largest broad-based black owned and managed fishing company; 85% is owned by shareholders Brimstone Investment Corporation and Kagiso Tiso Holdings. Through these primary investors the financial benefits of Sea Harvest have reached more than a million beneficiaries from previously disadvantaged and impoverished communities.
Sea Harvest is committed to sustainable fishing and harvests responsibly for future generations. The fishery has Marine Stewardship Council certification - the gold standard for the responsible management of marine resources - assuring consumers they’re buying from a sustainable fishery.
The company depends on government allocated fishing rights to protect the jobs of more than 2400 employees on the West Coast. Of the approximate 2,400 people employed, 97% are previously disadvantaged, 34% are African black, 55% are previously disadvantaged women and 50% of the board directors are previously disadvantaged. To date Sea Harvest is a Level 2 BBBEE employer.
SeaHarvest contributes towards the development and social upliftment of the Saldanha Bay municipality in several ways. Sea Harvest is the single largest employer in the region and additional income is channeled to the community indirectly through preferential procurement as well as the Sea Harvest Foundation.
The Sea Harvest Foundation manages the company's social investment programmes. The Foundation’s philosophy is to build capacity and empower the communities in which Sea Harvest operates by way of sustainable economic and social upliftment projects.