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

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

[发布机构] University of the Free State