FUTUREGROWTH ACQUIRES MINORITY INTEREST IN ABAGOLD LIMITED

Hermanus, Western Cape – Abagold Limited, a diversified aquaculture business in on-land abalone production, announced that Futuregrowth Asset Management had purchased a significant minority stake in the company from existing shareholders. Abagold Limited successfully operates its on-land abalone farming operation in the town of Hermanus, where it was established over 22 years ago. This publicly […]

Abagold – The Clive Prins Youth Substance intervention programme

On the 17th of February 2016, Kwela from KykNet channel, screened a programme on the 2016 L2L walk of which the Clive Prins Youth Substance Intervention Programme, which is funded and was initiated by the Abagold Development Trust and run by the Sustainable Futures Trust, will be the beneficiary of this year. Clive Prins was […]

Chinese new year boosts abalone farming in South Africa

Abagold

Abalones, or marine snails, are a much sought-after delicacy in Asia with demanding peaking around the Chinese New Year. Outside of Asia, South Africa is the largest exporter of farmed abalone – destined almost exclusively for the Chinese market. From Hermanus on the southern coast of South Africa, the BBC’s Jason Boswell finds out more […]

Abagold speaks with Business Accelerator

An interview with Cape Talk – Business accelerator – a radio station initiative that creates opportunities for small and medium size businesses to showcase their companies by talking to Pavlo Phitidis and the Cape Talk presenter of the morning show, Keeno Cummings. See more…

New tourism agency to extol virtues of abalone farming

A new business venture at the new harbour was launched in style on Friday and marked an exiting new chapter for the tourism industry in Hermanus.  Johan Hugo, formally the financial director for Abagold, took a leap of faith to quit his day job and follow his dream to establish Heart of Abalone, a tourism […]