19 Feb 2013

Maritime & Fishing

 

So where are our taxes going?

According to an article by Amanda Visser, fewer than half of government departments are able to provide "credible and quality information" in their financial reports. Quoting auditor-general Terence Nombembe, it seems state finances are regressing.

It's bad enough when we hear of our tax monies being wasted through the need (call that greed) of individuals within government deciding to spend millions on parties, luxury cars, first-class travel and so on, but it's almost worse when even the auditor-general has an issue with the departments and municipalities' accounting standards, and we then don't know where money is going or how it is being spent or wasted.

Do you want to know what the best programs to protect passwords are? Subhash Chandra has some suggestions for you.

On the aquaculture front, the environmental impact guideline for aquaculture has been published for public comment. You can download the entire document from the article on Bizcommunity.com.

As if being taxed to poverty weren't enough, and then discovering that the average government department and vast majority of municipalities have a less than stellar record when it comes to accounting practice, it seems like the petrol price may go up 87c a litre.

And to think that one day these will be the bad old days...

Rod Baker: Content Director

Submit your company news to maritimenews@bizcommunity.com. Exclusive contributions may be sent to contributors-maritime@bizcommunity.com.

Top stories


Editorial news

Aquaculture

Aiming for sustainability - new fish farming techniques
On Sunday, 17 February 2013, scientists at the American Association for the Advancement of Science annual meeting in Boston discussed how aquaculture could help balance accelerated food production with sustainability, says Roxanne Palmer on International Business Times. Read more >>


Fishing & Maritime

No survey may mean no fish exports
Export revenues of nearly R3bn and as many as 9,000 jobs could be lost if the Department of Agriculture, Forestry and Fisheries fails to complete a critical survey of fish stocks in South African waters. Read more >>


Marine Science

Ocean 'wifi hotspots' allow scientists to further research
As wireless technology progresses, biologists are finding new ways to harness these advancements and further their research in the process, writes Brett Smith for redOrbit.com. Read more >>

PharmSea project focuses on bioactive compounds from marine organisms
A new PharmaSea project is focusing on biodiscovery research and the development and commercialisation of new bioactive compounds from marine organisms, says Science Select. Organisms include deep-sea sponges and bacteria, to evaluate their potential as novel drug leads or ingredients for nutrition or cosmetic applications. Read more >>

Calcareous shelled marine creatures stabilising coastlines, reefs
According to a report from the University of Bonn, tiny single-cell organisms are spreading rapidly through the world's oceans, where they might be able to mitigate the consequences of climate change. Read more >>


Shipping

Grindrod is plying the east coast
The recent bullish trading statement by shipping and logistics group Grindrod moved the share price up sharply. The counter has gained nearly 7% over the past week and 19% in the year to date. Read more >>


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