Share

Land Bank needs CEO, urges Afasa

Johannesburg - The African Farmers Association of SA (Afasa) on Thursday called on Finance Minister Nhlanhla Nene and the Land Bank Board to appoint a permanent Land Bank CEO.

"The CEO's post is critical. If not filled urgently, it will impact negatively on service delivery and therefore slow the important processes at the bank," Afasa secretary general Aggrey Mahanjana said in a statement.

The post had been vacant since CEO Phakamani Hadebe resigned last year.

"A year is too long for such an important position in an institution like the Land Bank to remain unfilled," said Mahanjana.

He said if the post was not filled in a permanent capacity, it would affect the agricultural sector.

"For an acting person, it is very difficult to make important decisions on key issues.

"The permanent CEO is expected to come up with long-term strategies on how the Land Bank will take up its role as a development bank with a long-term vision of assisting smallholder farmers grow and ultimately become commercial farmers who will feed this country."

The appointment of a CEO would help address issues including access to finance and problems facing smallholder farmers.

Smallholder farmers still faced major challenges such as the lack of post-finance support, said Mahanjana.

The association called for improved support packages and systems, and for the Land Bank to improve infrastructure and link smallholder farmers to suitable markets.

"We still feel that the Land Bank's lending criteria and requirements were cumbersome and continued to exclude smallholder farmers," Mahanjana said.

The time taken for loan approvals was too long and sometimes contributed to farmers' failure to repay loans, he said.

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
18.80
+1.1%
Rand - Pound
23.49
+1.3%
Rand - Euro
20.10
+1.5%
Rand - Aus dollar
12.28
+1.0%
Rand - Yen
0.12
+2.8%
Platinum
923.40
-0.2%
Palladium
957.50
-3.3%
Gold
2,336.75
+0.2%
Silver
27.20
-0.9%
Brent Crude
89.01
+1.1%
Top 40
69,358
+1.3%
All Share
75,371
+1.4%
Resource 10
62,363
+0.4%
Industrial 25
103,903
+1.3%
Financial 15
16,161
+2.2%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders