Data provided by iNet BFA
Loading...
See More

Farm attacks threaten FState investment

Aug 15 2012 11:35 Sapa

Related Articles

Commercial farms ensure SA food security

Farmer pays heavily for levies

Billions spent on distressed farmers

Western Cape attracts foreign money

'Better deal' for EFSF foreign investors

Food price hikes on the horizon

 
Bloemfontein - Investments worth millions might be lost in the Free State agricultural and tourism sectors after a panga attack on a farmer, Die Volksblad reported on Wednesday.

United States farming company SBH Farms chairperson Dr Stephan Rogers said it was not possible to work "like this" on the farm, the newspaper reported.

Rogers' brother Alan, 61, and his girlfriend were attacked on the farm Geluk, near Ladybrand, this week. Rogers said their ability to make a difference was increasingly hindered by crime.

Rogers represented a group of investors from the US and elsewhere who had taken a chance by investing in South Africa, Die Volksblad reported.

"We invested for the long term in the tourism and agricultural sector and brought in millions of dollars investment to create work in the eastern Free State," Rogers told the newspaper.

"Thefts occur weekly and even more regularly. Our lives are in danger. It is not possible to work like this."

Alan Rogers, who suffered lacerations and stab wounds, was in a stable condition in the Bloemfontein Mediclinic on Wednesday.

The attackers tied up his girlfriend, but did not harm her.

* Follow Fin24 on Facebook, Twitter and Google+.



free state  |  foreign investment  |  farm attacks
NEXT ON FIN24X

Burundi proposes new taxes

2014-07-23 18:15

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
5 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Small Business

A cash flow crunch often occurs in small businesses trying to balance cash coming in with cash going out. Watch this video to help you improve.
 
 

10 tips for financial planning

Financial planning is the first step towards a better financial future.

 
 

Start saving...

Time the key for retirement saving
Dummy's guide to saving
Save money with affordable account
All about endowments

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...