The Land Bank insurance branch in cooperation with TWK Agri has developed a new asset insurance product tailored for the agricultural sector. It also caters to the needs of small and emerging farmers. Kobus Stapelberg, manager or corporate insurance at TWK Agri, said their research showed general comprehensive insurance which…
South Africa’s first group of 13 black crop insurance brokers excelled in their first summer production season. Dini Nondumo, executive manager for sales and distribution at South Africa's the Land Bank Insurance Company (LBIC), at the recent Nampo harvest day said the company had hoped to collect between R2 million…
Commercial farmers find it heart-breaking to see unused land. That is why they help emerging farmers, said Milan Thalwitzer of the Bosveld Group. At the media launch of this years’ Nation in Conversation series at the Nampo harvest day, Thalwitzer said in his district alone he is aware of 40…
South Africa’s Land Bank wants to provide R1 billion worth of finance to black entrepreneurs in the 2018 financial year to invest in predetermined agricultural products like fruit and nuts. CEO TP Nchocho said the bank also wants to invest R500 million in specific food and agricultural processing industries which…
South Africa’s Agricultural Research Centre (ARC) is planning a weather service to better assist small farmers. The aim of the Rain for Africa (R4A) project is to provide useful information – at the right time – to farmers. The ARC, in collaboration with the South African Weather Service, already provides…
This could be the year of reform and renewed growth in African economies. Dr. Martyn Davies, Deloitte Africa’s managing director for emerging markets and Africa, said that structural reform of economies could be one of the mega trends of the year. “Usually this is impossible without a crisis. The shock…