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Pietermaritzburg - The KwaZulu-Natal government intends helping beneficiaries of land reform battling to make their farms sustainable.
Thirty-five farms acquired through land reform that had received
Land Bank loans were struggling because of rising debt, provincial
agriculture, environmental affairs and rural development MEC Lydia
Johnson said in Pietermaritzburg on Wednesday. She was presenting
the department's R1.844bn budget in the legislature.
"This is an area of challenges. It is common to find
beneficiaries receiving farms in a dilapidated state, without
equipment and infrastructure. The challenge is that post settlement has not been adequately funded."
The department would hold talks with the Land Bank to
restructure the loans. It was hoped this would allow the farms to
service their loans with "minimal future intervention" from the
government.
The plan also involved sugar producers Illovo and
Tongaat-Hulett.
- Sapa