What is the value of the Big 5 to South Africa?
The Big Five are a major drawcard for tourists to Africa and research shows that the presence of these animals enhances the perceived value of the tourist experience, ultimately impacting on the sustainability of a conservation operation.
Why is the Big 5 so important?
The term “Big Five” originally referred to the difficulty in hunting the lion, leopard, rhino, elephant and African buffalo. These five large African mammal species were known to be dangerous and it was considered a feat by trophy hunters to bring them home.
How much money does trophy hunting bring to Africa?
Estimates of the cash revenue generated by trophy hunting in Africa vary between $190 million and $326.5 million annually, with the latter figure accounting for all in-country expenditures.
What are Big 5 companies?
It’s Google, Apple, Facebook, Amazon, and Microsoft. All these companies bought in combined revenue of $801.5 billion in 2019, which is a lot of zeroes! And even more interesting is that all of them are based in the United States of America.
Are there any benefits to trophy hunting?
When done properly, trophy hunting can benefit local people, through employment, availability of money and of course the presence of food in the form of meat. If done correctly, and if the money goes to the right people, it will create incentives for the locals to tolerate wild animals without killing them.
Where does the money go from big game hunting?
According to a 2013 study by Economists at Large, only around 3% of revenue generated by trophy hunting stays in local communities for welfare, education, and other community-based programs. The vast majority goes in the pockets of the trophy hunting outfitters and to governments.