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    Fuel price relief eases transport costs for SMEs and daily commuters.

    Fuel price cut brings relief for SMEs

    CCBSA opens applications for distribution entrepreneurs across South Africa.
Photo: CCBSA

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    Emerging businesses concerned over state’s Asset Assist Programme

    Experts advise SMEs to keep a clean financial record to secure loans. Photo. Banking Association of SA

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    Small businesses anticipate steady economic gains in 2026

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    Farmers are hoping to meet strict tax and admin compliance regulations in the new year.

    Farmers aim to meet tax and admin compliance in new year

    A locally developed point-of-care diagnostic test for foot and mouth disease (FMD) is expected to strengthen business continuity in South Africa’s livestock sector. Photo. Stellenbosch University

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    Dr Rodney Managa (CSIR) with Princess Maxine N'waxuwamuti Mnisi of Mnisi Tribal Authority, representing the Hlalakahle community during the BSA signing event. 
Photo: CSIR

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  • Innovation
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    SMEs say cost pressures are increasing as price hikes become unavoidable. Photo: Facebook

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    RMB payments set to improve import trade for SMEs

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    From left to right: Charles Wyeth, HEINEKEN Beverages; Vignesh Subramani, Absa CIB; Jordi Borrut, HEINEKEN Beverages; Sade Morgan, HEINEKEN Global; Joanna Price, HEINEKEN Global; Stephen Seaka, Absa CIB; Jan de Kock, Absa CIB

    Black-owned SMEs to gain from Absa and Heineken R1.2 billion fund

  • Tourism
    Township taverns are seeing a drop in match-day crowds. Photo: issuu.com

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    Minister Stella Ndabeni Abrahams'  Department of Small Business Development has re-launched the Asset Assist Programme which was previously implemented through the Small Enterprise Development and Finance Agency.

    Emerging businesses concerned over state’s Asset Assist Programme

    Experts advise SMEs to keep a clean financial record to secure loans. Photo. Banking Association of SA

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    The festive season presents an alluring context for brands wanting to re-engineer themselves among their target audience

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Citrus Growers’ Association to help black farmers

by Tebogo Mokwena
October 13, 2022
in Finance
Reading Time: 3 mins read
A A
CEO Justin Chadwick, whose company is going to help black farmers

CEO Justin Chadwick, whose company is going to help black farmers

Black farmers have welcomed an R40-million investment this year by the Citrus Growers’ Association Growth Development Company (CGA-GDC) to support emerging black citrus growers. According to CGA CEO Justin Chadwick, the Enterprise Development Grant Fund (EDGF) hopes to allocate a further R141 million by 2024. The fund was made available to emerging farmers by collecting an export levy that is paid annually by CGA members to the CGA-GDC. The CGA-GDC then administers and allocates the funding through direct payment to service providers for the purpose of developing black citrus growers.

One of the recipients is Limpopo-based Thabo Moripane, who is the founder of Manini Holdings. It was registered in 2017 as a farming enterprise that also involves cattle, sheep, maize and soya. Moripane told Vutivi News that he had used the grant for the purchase of key production inputs such as fertiliser needed to grow his citrus trees, which he said was very costly. “After I received the grant, I bought fertiliser because it is becoming very expensive,” he said.

“The grant fund assisted us to be sustainable in keeping our farm and trees in good condition. “It also assisted us in buying chemicals that accelerate the growth of our orchards, thereby saving us time and money in terms of production.” Moripane also said that normal orchards took five years to yield fruit, but they would be able to cut down the number of years thanks to the chemicals they purchased with the grant. He also plans on using the money to establish an additional 70 hectares of citrus, including 10 hectares of Leanri soft citrus, 10 hectares of seedless lemons, 40 hectares of Nadorcott and 10 hectares of Maayana soft citrus.

Chadwick said that the CGA-GDC hoped to help mitigate the impact of other industry-wide challenges affecting the sustainability and profitability of developmental farms by supporting them with funding for these critical inputs. “With industry experts forecasting that less than 20% of the industry is likely to achieve above break-even returns at the end of 2022, it is clear that the support and assistance offered by the CGA-GDC to smaller developmental growers will remain critical if we want to ensure the long-term survival of their businesses within the sector,” Chadwick said.

“(In the) long term, the EDGF will assist developmental growers with the capital required to procure production infrastructure, machinery, equipment and a range of horticultural products. “The grant also aims to assist growers with the costs associated with the accreditation required (legal and professional) towards the commercialisation of their fruit for export to foreign markets,” he added.

Tags: CEO Justin ChadwickCitrus Growers’ AssociationEnterprise Development Grant Fund
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