Watchdog slams another money-making farm scheme - this one has perlemoen and crayfish

SA's financial watchdog has warned the public against doing business with RNI Aquaculture, a company that promised investors lavish returns by buying a stake in a fish farming business.

In marketing materials, RNI said investors could"rent" or"adopt" perlemoen , fish, and crayfish to raise for export at one of its "aquaculture centres". It even claimed that the construction of"large-scale aquatic breeding centres" would help the state solve SA's crippling unemployment problems. South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism. Join our free subscription trial to unlock this story and a world of news aimed to inform, empower, and inspire.

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