The long term financial sustainability of the high value game breeding sector in South Africa

Abstract

The purpose of this research study was to determine whether the high value game breeding industry is financially sustainable, if the industry will continue to expand and can the industry generate long term competitive financial returns for an investor. The study made use of both quantitative and qualitative research methods. Data was collected from international hunters, hunting outfitters and high value game breeders through questionnaires and interviews. Wildlife auction results was retrieved from Vleissentraal Bosveld and international hunting statistics compiled by the Department of Environmental Affairs concluded the data collection. The data collected was used to construct a cash flow model for five different price movement scenario for an investment into Buffalo, Sable, Golden Wildebeest and Black Impala through an investment company. The results show that an investment into the high value game breeding sector can deliver long term competitive financial returns. And that the sustainability of the high value game breeding sector will be reliant on the support and success of the international or trophy hunting industry in South Africa.