AquaHarvest Farms — Appendices

Term / Abbreviation Definition ADEP Aquaculture Development Enhancement Programme AgriSETA Agricultural Sector Education and Training Authority ASC Aquaculture Stewardship Council B-BBEE Broad-Based Black Economic Empowerment CAPEX Capital Expenditure CASP Comprehensive Agricultural Support Programme CIPC Companies and Intellectual Property Commission COIDA Compensation for…

Section 25 · Business Plan

Appendices

Appendix A: Glossary of Terms

Term / Abbreviation	Definition
ADEP	Aquaculture Development Enhancement Programme
AgriSETA	Agricultural Sector Education and Training Authority
ASC	Aquaculture Stewardship Council
B-BBEE	Broad-Based Black Economic Empowerment
CAPEX	Capital Expenditure
CASP	Comprehensive Agricultural Support Programme
CIPC	Companies and Intellectual Property Commission
COIDA	Compensation for Occupational Injuries and Diseases Act
DALRRD	Department of Agriculture, Land Reform and Rural Development
DFFE	Department of Forestry, Fisheries and the Environment
DFI	Development Finance Institution
DWS	Department of Water and Sanitation
EBITDA	Earnings Before Interest, Tax, Depreciation and Amortisation
EIA	Environmental Impact Assessment
EMPr	Environmental Management Programme Report
FCR	Feed Conversion Ratio
HACCP	Hazard Analysis and Critical Control Points
HDPE	High-Density Polyethylene
IDC	Industrial Development Corporation
IFRS	International Financial Reporting Standards
IRR	Internal Rate of Return
KPI	Key Performance Indicator
LSM	Living Standards Measure
NDP	National Development Plan
NEMA	National Environmental Management Act
NPV	Net Present Value
NQF	National Qualifications Framework
OPEX	Operating Expenditure
RAS	Recirculating Aquaculture System
SABS	South African Bureau of Standards
SADC	Southern African Development Community
SANHA	South African National Halaal Authority
SARS	South African Revenue Service
UPS	Uninterruptible Power Supply
WACC	Weighted Average Cost of Capital
WULA	Water Use Licence Application

Appendix B: Sources & References

Department of Agriculture, Land Reform and Rural Development (DALRRD). National Aquaculture Strategic Framework. Pretoria: DALRRD, 2023.
Department of Forestry, Fisheries and the Environment (DFFE). Operation Phakisa: Aquaculture Lab Report. Cape Town: DFFE, 2022.
National Planning Commission. National Development Plan 2030: Our Future – Make It Work. Pretoria: The Presidency, 2012.
Food and Agriculture Organization of the United Nations (FAO). The State of World Fisheries and Aquaculture 2024. Rome: FAO, 2024.
Statistics South Africa. Census 2022: Statistical Release P0301.4. Pretoria: Stats SA, 2023.
South African Reserve Bank. Monetary Policy Review. Pretoria: SARB, 2025.
Industrial Development Corporation (IDC). Aquaculture Sector Overview and Investment Opportunities. Sandton: IDC, 2024.
Aller Aqua South Africa. Tilapia Feed Technical Manual. Roodepoort: Aller Aqua SA, 2024.
King Committee on Corporate Governance. King IV Report on Corporate Governance for South Africa. Johannesburg: IoDSA, 2016.
International Accounting Standards Board. IFRS for SMEs Accounting Standard. London: IFRS Foundation, 2024.
Aquaculture Association of Southern Africa (AASA). South African Aquaculture Yearbook 2024. Stellenbosch: AASA, 2024.
Department of Water and Sanitation (DWS). National Water Resource Strategy, Third Edition. Pretoria: DWS, 2023.
South African Revenue Service (SARS). Guide on the Taxation of Farming Operations. Pretoria: SARS, 2024.
Global G.A.P. Integrated Farm Assurance Standard: Aquaculture Module. Cologne: Global G.A.P., 2023.

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