Farming Business in Botswana Research 2022

Running head: FARMING BUSINESS IN BOTSWANA
FARMING BUSINESS IN BOTSWANA
Name of the Student
Name of the university
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1FARMING BUSINESS IN BOTSWANA
Table of Contents
Introduction................................................................................................................................2
Background of the research....................................................................................................2
Research Aim.........................................................................................................................3
Research Objectives...............................................................................................................3
Identified risks and opportunities...............................................................................................3
Research Methodology...............................................................................................................5
Design of the study.................................................................................................................5
Study of the Population and Sampling...................................................................................5
Methods of Data Collection and associated Instruments.......................................................5
Methods of Data Analysis..................................................................................................5
Quality of the Study...........................................................................................................6
Period of study...................................................................................................................6
Participants of the research................................................................................................6
Ethical Considerations.......................................................................................................6
The required resources for the study..................................................................................7
Subject area to which the proposal addresses........................................................................8
References..................................................................................................................................9

2FARMING BUSINESS IN BOTSWANA
Introduction
Botswana is a sparsely populated and landlocked country in the southern region of
Africa. The regions’ sparse population can be attributed to the arid landscape in majority of
the parts of the region. Some regions of Botswana have become popular for its business in
fish farming owing to the large water bodies present there. Fish farming has been recognized
as a medium by making use of which the region can certainly achieve goals related to
development (Mosha 2015). This in turn will effectively reduce the regions dependence on
imported food. The paper will be discussing on the flourishing farming business of Botswana
and will focus on the risks as well as the opportunities linked with the management of the
same.
Background of the research
The research conducted focuses on the flourishing fish farming business in parts of
Botswana. As per the research done by Bahta et al. (2017), though the fish farming industry
has flourished at a faster rate it will never get the desired profit suffering from the various
problems and related issues. The input costs that is essential for the business is high in the
region. There are possibilities for the new companies to gain some success from fish farming
but this will not be enough to compete with the other fish farming firms which have been
controlling the market since a long time. The region being sparsely populated serves as
another hindrance to the fish farming business. It is hard to find labor in the region owing to
the less number of human resources available. The alternative solution to this can be hiring
laborers from neighboring regions. The problem in hiring laborers from neighboring regions
is that it will add to the cost of the firm. The laborers hired on temporary contracts will
charge high pay thus disrupting the budget of the firm. As per the research done by Banda,
Mutula and Grand (2017), unavailability of fish feed in the local region is another big issue.

3FARMING BUSINESS IN BOTSWANA
This forces the businesses to import fish feed from South Africa, thus the fish feed is
expensive. The startups require minimum cost of investment so that they could earn sufficient
amount of profit but high prices of fish feed is a problem in this case. The hygiene
infrastructure of the region is poor which results in degradation in the surroundings that goes
on to affect the quality being provided by the fish framing businesses in the region. The fish
farm business in the region is not reaching the desired level succumbing to problems and
risks. These risks need to be analyzed so that ways could be found out to mitigate the same.
Research Aim
The aim of this research is to make an analysis on the risks as well as the
opportunities of fish farming industry in the Botswana region. It will be focusing on the way
or the process in which the risks and opportunities are managed in the fish farming industry
of the country.
Research Objectives
1. To understand the problems being encountered in the fish farming industry of
Botswana.
2. To analyze the major risks in the fish farming business of the region.
3. To understand the opportunities in the fish farming business of the region.
4. To find out possible alternatives for improvising the prevalent condition.
Identified risks and opportunities
As per the research done by Dabbadie and Mikolasek (2017), Africa lagged behind in
the field of aquaculture development but recently there have been improvements in this
scenario after the various steps taken by the government. Referring to the history it is well
understood that development in case of fish farming business in the sub-Saharan countries
has been through various phases. Fish farming business started receiving attention during the