Assessor: Dave Edge
There is a regular and lucrative trade in African Charaxes and other showy butterflies. Examples are:
2) https://www.butterfliesandthings.com/product/category-0adf3141-b9f4-4927-82ef-6c3eb55aa6c5.aspx
A full conservation assessment of this taxon was done according to IUCN methodology and it was Red Listed as "Least Concern – Rare (Restricted Range)". The results are published in:
MECENERO, S., BALL, J.B., EDGE, D.A., HAMER, M.L., HENNING, G.A., KRÜGER. M., PRINGLE, E.L., TERBLANCHE, R.F. & WILLIAMS, M.C. (eds) 2013. Conservation assessment of butterflies of South Africa, Lesotho and Swaziland: Red List and Atlas. Johannesburg & Cape Town: Saftronics (Pty.) Ltd. & Animal Demography Unit. 676 pp.
The red listing also appears on SANBI's Red List website:
http://speciesstatus.sanbi.org/assessment/last-assessment/779/
It can be seen by studying the references that this butterfly has always had a restricted range and it is never found in great numbers. It can be inferred that it has a slow population growth rate and would not be able to withstand exploitation.
HENNING, S.F. 1988. The Charaxinae butterflies of Africa. Aloe Books, Johannesburg. 457 pp.
MECENERO, S., BALL, J.B., EDGE, D.A., HAMER, M.L., HENNING, G.A., KRÜGER. M., PRINGLE, E.L., TERBLANCHE, R.F. & WILLIAMS, M.C. (eds) 2013. Conservation assessment of butterflies of South Africa, Lesotho and Swaziland: Red List and Atlas. Johannesburg & Cape Town: Saftronics (Pty.) Ltd. & Animal Demography Unit. 676 pp.
PRINGLE, E.L.L., HENNING, G.A. & BALL, J.B. 1994. Pennington's butterflies of southern Africa. 2nd edn. Struik Winchester, Cape Town. 800 pp.
VAN SOMEREN, V.G.L. & JACKSON, T.H.E. 1957. The Charaxes etheocles-ethalion complex (Lepidoptera: Nymphalidae). Annals of the Transvaal Museum 23: 50