The long term financial sustainability of the high value game breeding sector in South Africa
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Date
2015-11
Authors
Strauss, Jacobus Stefanus
Journal Title
Journal ISSN
Volume Title
Publisher
University of the Free State
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.
Description
Keywords
Dissertation (MBA (Business Administration))--University of the Free State, 2015, Wildlife breeding, Hunting, Financial viability