• Restoring sanity to SA

    We should be driven by the thought that SA belongs to all who live in it, says Solly Moeng.

  • Clamouring for action

    2017 will see battles between politicians as well as those tired of politicking, says Daniel Silke.

  • Realistic dreaming

    Preparation and sound advice will turn entrepreneurial dreams into reality, says Ian Mann.

All data is delayed
Loading...
See More

Emerging black farmers need R1bn guarantee from govt – Grain SA

Feb 19 2016 12:30
Jenna Etheridge, News24

Cape Town - Government needs to provide a R1bn guarantee for emerging black farmers as part of its food security strategy, Grain SA CEO Jannie de Villiers said on Friday.

Most black farmers did not own the land they worked on and could therefore not get a loan, he told Parliament’s Portfolio Committee on Agriculture, Forestry and Fisheries.

"Those guys are never going to move forward if they don’t get a loan of some kind. Grants help them, but they want to start to be sustainable, with a form of a soft loan and guarantee."

De Villiers said commercial farmers used their land as security for a loan. This was risky in drought conditions.

"An average grain farmer will borrow R8m, put it in the soil and wait for the rain. That is the reality. That is the risk they take."

Grain SA had around 3 500 commercial farmers and 6 000 "new era" farmers on its database.

De Villiers said the most immediate issues for this year included affordability and ensuring there was enough food to feed the nation.

"We hope and pray that we will receive a lot of rain in March and moisture levels will increase."

More money should be spent on researching a variety of grains that were heat and drought resistant.

Grain SA had discovered that a lot of maize was wet at grassroots level, but didn’t pollinate because of too much heat.

"When it’s hot, we can just run into our homes and put on the air conditioning but the plants out there, they struggle. And it is getting hot in those big farming areas."

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest. 24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

grain sa  |  agriculture

NEXT ON FIN24X

 
 
 
 

Company Snapshot

We're talking about: SMALL BUSINESS

From fossils to finance – that’s been the career trajectory of Dr Merrill van der Walt, a palaeontologist until recently. She is now a statistician with a difference.
 

Money Clinic

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

Voting Booth

SA's avoidance of junk status by rating agencies: Moody's and Fitch

Previous results · Suggest a vote

Loading...