South Africa's smallholder vegetable farmers aren't getting the finance they need, says researcher

📆 21/9/2566 2:58:00
📰 physorg_com

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Fresh efforts are being made to increase the share of black ownership in South Africa's agricultural sector. This follows decades of missteps and badly designed interventions that have failed to significantly change the ownership patterns in the sector.

It also aims to increase the share of black ownership and the contribution of small-scale producers in the country by 2030.

The study provides valuable insights that could help inform the implementation of the masterplan. For example, one of the main findings is that there is an urgent need for government to provide"patient" finance—such as longer repayment periods—to allow farmers to build capabilities, accumulate returns and be profitable. The current problem withThis is not to suggest that there is no financing available for farmers.

This is counterproductive. If a farm goes under, all the funding and non-financial support previously provided to get the enterprise started is lost.

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