Assessing the financial viability for small scale fish farmers in Namibia

Abstract

The aim of this study is to assess the financial viability of small-scale fish farmers in central northern Namibia, namely Oshikoto Region, Oshana Region, Omusati Region and Ohangwena region; who receive fingerlings on a continuously basis from the Ministry of Fishery and Marine Resources Ongwediva extension office. Out of the 76 active farmers, two-third (37) farmers were randomly selected and interviewed for this research. The data was analysed using cost benefit analysis and situational analysis. The situational analysis was carried out to assess the farmer's situation, (that parameters included training opportunity transport and marketing). The cost benefit for this study shows that aquaculture will not be sustainable if not managed and planned well. Therefore, this study is recommended to strengthen the technical and organisational aspect of farmers, and also what is required to support the farmers.