A Comparison of Economic Performance of Emerging and Established Fishing Enterprises at Lake Kariba, Zimbabwe

Kefasi Nyikahadzoi, Loveness Nyikahadzoi

Abstract


This research compares the economic performance of established and new entrants in kapenta fishing industry at Kariba in Zimbabwe. The paper uses primary data to compare profitability, technical and marketing ecomonies of scale between established and emerging companies. The results show that both company types have positive net profit. Emerging companies with generally less fishing units have higher technical economies of scale than establsihed ones. Emerging companies use illegal fishing practices to catch more fish using less operating costs. The results show that established companies have higher marketing economies of scale largely because of contractual arrangements established over time.

Full Text: PDF DOI: 10.5539/ass.v9n5p226

Creative Commons License
This work is licensed under a Creative Commons Attribution 3.0 License.

Asian Social Science   ISSN 1911-2017 (Print)   ISSN 1911-2025 (Online)

Copyright © Canadian Center of Science and Education 

To make sure that you can receive messages from us, please add the 'ccsenet.org' domain to your e-mail 'safe list'. If you do not receive e-mail in your 'inbox', check your 'bulk mail' or 'junk mail' folders.