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Submitted by mahesh_admin on July 12, 2023
Bioprospecting Ecotourism Wildlife Economy
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Tshivhula Game Farm
Short Description
The Tshivhula community would like to build and develop a cultural village with complementary community business enterprises including training and accrediting villagers under the Homestay business programme.

Goal

To build and develop a cultural village with complementary community business enterprises including training and accrediting villagers under the Homestay business programme.

Investment Range / ROI

R20 Million - R50 Million
ROI - 15% pa

Public or Private Sector

This is a Private Sector Opportunity

Investment Readiness

Environment & Social Impact

• Ecotourism Development
• Job Creation
• Skills Development
• SMME Development
• Socio-economic Development
• Expansion of Protected Areas
• Net Biodiversity Gains 

SDGs

Investment Opportunity at a Glance

 

Land Ownership and Governance

Land Ownership

Fully Restituted land with title deeds
A successful land restitution process has resulted in the legal transfer of 14,200 hectares of land to the TSHIVHULA Communal Property Association, with fully registered Title Deeds.

 

Governance Structure

Community Property Association
Joint Venture partnership between the CPA and BONO Holdings creates Alldays Development (Pty) Ltd, which drives the business under Board Leadership.

Land Size

14200 Hectares

Location

Limpopo

Investment Opportunity Assessment

Wildlife Economy

 

Core Operations

  • Hunting and hunting value chain
  • Safari and eco-tourism value chain
  • Game meat value chain

 

Activities

Trophy hunting is available on Ammondale Farm - part or all of the hunted animal can be kept as a hunting trophy.
Driven hunting, popular with foreign hunters is available on Braam, Ammondale & Montagu farms.
Biltong hunting is available  on Lauriston fame - primarily local hunters.

Bioprospecting

 

Core Operations

  • Harvesting

 

Activities

Mopani worms are harvested when in season.

Ecotourism

 

Core Operations

  • Accommodation
  • Safaris

 

 

Activities

Ndou Safaris and Baobab Lodge are high-end luxury lodges targeting international and local hunting customers and other tourists. Klipspringer Lodge is a budget facility targeting local tourism and business visitors connected to the mining industry in the area.
A catering service is available for guests.
Camping and game drives are available to guests.

 

 

Investment Opportunities

 

  • Build and develop a Conference centre and Cultural Village Ecotourism activity hub with supporting facilities
  • Develop Vhatwanamba culture homestays and handcraft centre in the hub
  • Improve game ranch infrastructure
  • Build throughput abattoir for game meat
  • Design and Construct a commercial bio industrial facility
  • Invasive alien clearing & beneficiation
  • Improve site infrastructure
  • Training, skills development and capacity building

 

Investment Requirements

 

Investment Range Required
R20 million - R50 million

Type of Investment Required
Capital Expenditure
Infrastructure Funding
Working Capital

Funding Type for Financial Requirements
Equity, Debt, Grant

Non-Financial Requirements
Technical services
Capacity building

Value Proposition and Enablers

 

Value Proposition

  • Site has Biodiversity Stewardship status
  • The site had rich and secure farmland endowed with natural resources
  • The land is community-owned, with no land-related legal disputes
  • Clear corporate governance and legal structures
  • The four farms are in various stages of being declared as Protected Areas
  • The Joint Venture partner is a strong investor with demonstrated capacity to inject capital
  • The site has developed a unique group-hunting product designed for hunters from Europe
  • Proximity to the well-known Mapungubwe World Heritage site
  • Surrounding mines are a captive market for the 3 and 4-star accommodation product
  • The 5-star facility is made available to high-end hunting clientele

 

Key  Enablers

  • Strong customer network (SA & Europe)
  • Three quality lodges with high occupancy
  • Certification system

Business Operations

Wildlife Economy

Ecotourism

Bioprospecting

Primary Customers

 

High end and mid-range tourism at three lodges.
The surrounding mines are a captive market for 3 and 4-star accommodation products and the 5-star facility is made available to high-end international hunting clientele.

Active Business Entities

 

Community Property Association.
Joint Venture partnership between the CPA and BONO Holdings creates Alldays Development (Pty) Ltd, which drives the business under Board Leadership.

About this Opportunity

 

In 1998, the TSHIVHULA community embarked on a journey towards restitution of lost land - a process that has begun to yield results. To date, land in excess of 20,000 hectares has been restored to the people of Tshivhula, and is owned through a Communal Property Association. With the support of our partners, the transformation journey our people have embarked on will impact the socio-economic standing of the Tshivhula community and protect the natural resources.

A new bioprospecting industry in the northern province of Limpopo is emerging. Actors have focused on systematic modification of traditional uses of commonly available natural resources (such as Bulbine, Aloe Vera, the Marula fruit, bee products, and Mopani worms), for commercial or industrial value. Tshivhula will establish a bio-industrial facility located near the proposed Cultural Village to produce, trade and export indigenous products, such as medicines, industrial enzymes, food flavours, fragrances, cosmetics, colours, extracts and essential oils.  

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