Under the neoliberal policies adopted for the allocation of long-term fishing rights in 2005, our nation's mainstay fishery, namely hake, was valued at R2 billion. However, for that year and at those financial exchange rates, if the entire allowable catch for hake was converted into its lowest form, namely fish fingers or fish cakes, and exported to the European Union, a retail value in excess of R15 billion was attainable.