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About Oceana     
About Oceana

Oceana Group Limited was incorporated in 1918.  Its shares are listed on the securities exchange operated by JSE Limited (the JSE) and the Namibian Stock Exchange (NSX).

Principal shareholders are Tiger Brands Limited, Brimstone Investment Corporation Limited and the Khula Trust (Oceana’s black employee share trust).

Oceana employs 1 434 permanent staff and 882 (full time equivalent) seasonal employees, fluctuating during periods of seasonal fishing activities.

   
 
Mission Statement

To be the leading empowered fishing and commercial cold storage company in Africa:

  • responsibly harvesting a diverse range of marine resources
  • efficiently producing relevant products for global markets
  • actively developing the potential of all employees
  • positively assisting less privileged communities in which the company operates

thereby consistently providing superior returns to all stakeholders.
 
 
Key Group Objectives

Economic sustainability

To position the company for long-term growth and viability with emphasis on:

  • achieving organic growth and acquisitions targeted at expanding the level and scope of diversification of operations
  • protecting current fishing rights while securing the opportunity to acquire additional rights
  • maintaining an independently accredited B-BBEE transformation rating of Level 3 in 2011 and striving towards Level 2 in the medium term
  • maintaining the current performance level of management and staff as a minimum and ensuring longterm strategic workforce planning to meet future human capital requirements, and
  • increasing focus on sustainability thereby ensuring activities comply with the expectations of customers and investors.

Environmental sustainability

To utilise resources on a sustainable and responsible basis and minimise negative impacts on the environment with emphasis on:

  • Participation in sustainable fishing sectors and support for research information and management of marine resources
  • Strict adherence to terms of access rights, fishing permits and operating procedures by fleets
  • Efficient and minimal usage of renewable and non-renewable resources
  • Minimisation of emissions and waste
  • Measurement of environmental impacts against targets and benchmarks

Social sustainability

To maintain and develop positive relationships with major stakeholders, and promote social upliftment, including:

  • Initiating and supporting corporate social investment (CSI) programmes
  • Skills transfer and development, training and support for small, micro and medium enterprises (SMMEs)
  • HIV/AIDS awareness training
  • Assistance to welfare initiatives