Emerging farmers: South African banks more supportive

The Land Bank will now take respected mentors into consideration when deciding whether to fund emerging farmers. During the African Farmer’s Association of South Africa (Afasa) annual congress in Johannesburg, Portia Zulu, provincial manager of Land Bank, said emerging farmers must overcome different challenges. Zulu was part of a panel…

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World Bank awards boost for South African small-scale farmers

The approval of a R1.3 billion (US$93million) loan from the World Bank to South Africa’s Land Bank, is a significant boost for the country’s emerging farming sector. The loan is noteworthy since it is a long-term loan spread over 25 years. It advances the country’s target to create 1 million…

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