R2.5 billion Agro-Energy Fund to assist farmers minimize loadshedding impact

Loading player...
GUEST - Minister Thoko Didiza - Minister of Agriculture, Land Reform and Rural Development

The Minister of Agriculture, Land Reform and Rural Development Ms Thoko Didiza, today launched the Agro Energy Fund to assist farmers to alleviate the impact of loadshedding.

Earlier this year, in response to the energy challenges in the sector, the Minister established a Task Team comprising of sector partners, to advise on solutions to mitigate against the impact of energy cuts on the sector. In addressing alternative energy sources in the sector, the Minister together with the Land Bank will announce on how the farmers will access the Agro-Energy Fund. The focus for the Agro-Energy Fund will be on energy intensive agricultural activities. These will include irrigation, intensive agricultural production systems and cold chain related activities.
29 Aug 2023 5PM English South Africa Business News · Investing

Other recent episodes

Sasfin Wealth’s rebrand to Otto1890

Erol Zeki, CEO of Otto1890 (formerly known as Sasfin Wealth), joins us to talk about the group’s strategic shift beyond the branding. The group is looking to tap into private market opportunities, amongst other things.
30 Mar 5PM 17 min

SA’s producer price outlook deteriorates sharply

Producer price inflation showed signs of easing in January, according to data from Stats SA. Economists from Nedbank say the outlook has deteriorated sharply, and Johannes Khosa explains why…
30 Mar 5PM 11 min

Careers Corner – Are degrees still relevant in SA’s job market

South Africa’s youth unemployment crisis has raised concerns about the validity of chasing a degree to secure employability. Professor Linda du Plessis, Senior Deputy Vice-Chancellor, North-West University, argues that there is still value with the right approach by educators.
30 Mar 5PM 12 min

Middle East-driven energy shock for Africa

We explore how the Middle East-driven global energy shock is reshaping Africa’s fuel security, what it means for businesses and consumers, and whether the crisis could accelerate a shift toward more resilient, local energy solutions. For more on this, we caught up with NJ Ayuk, CEO of the African Energy…
30 Mar 5PM 12 min