SAB commits to help black emerging barley farms - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

United States News News

SAB commits to help black emerging barley farms - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.
United States Latest News,United States Headlines
  • 📰 SABCNews
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

SAB says it will accelerate its support for local small to medium enterprises. The group this year committed an additional R920 million, boosting its local investment commitments for 2022 to R4.5 billion.

The group this year committed an additional R920 million, boosting its local investment commitments for 2022 to R4.5 billion

Sipho Sibanda is an emerging black farmer in Taung, North West. He is amongst 51 farmers who own 471 hectares of land that produce barley and maize, key brewing ingredients for beer. The country’s liquor industry is a significant contributor to the South African economy, In 2019, it contributed approximately R74 billion to GDP or 1,3%.

“From where I was until now, it did improve my life, a lot, I build a house, I bought a car, and I did get married. I’m paying the school fees nicely at school and livestock I did buy some sheep,” a Farmer says. CEO at SAB, Richard Rivett-Carnac says his company will continue to invest in the local economy. It also plans to invest more money in the agriculture sector, particularly black farmers.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

SABCNews /  🏆 37. in ZA

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

South African mince jaffles: A classic South African toastieSouth African mince jaffles: A classic South African toastieWhether you're camping or want to go old-school with your cooking this weekend, you need to make some South African mince jaffles.
Read more »

South African mobile networks reveal biggest achievements of 2022South African mobile networks reveal biggest achievements of 2022South Africa’s mobile networks spoke to MyBroadband about what they regarded as their biggest achievements and challenges in 2022.
Read more »

Fatal Tanker Explosion at South African HospitalFatal Tanker Explosion at South African HospitalA gas tanker crash at the OR Tambo Memorial Hospital on December 24, 2022, has left 18 people dead - among them eight nursing staff, a hospital driver and patients at the emergency unit. The 32-year-old driver of the tanker, which was transporting gas from Richards Bay to Botswana, was arrested and will appear in court on December 28, 2022, on multiple counts of culpable homicide, negligent causing of an explosion resulting in death, and malicious damage to property. Several people are also being treated for third-degree burns. President Cyril Ramaphosa has sent his condolences to the families who lost loved ones.
Read more »

Grobler: South African football not up to standard | KickOffGrobler: South African football not up to standard | KickOffSuperSport United striker Bradly Grobler believes that the lack of proper development structures in South Africa is starting to show on the field of play. Read more ➡️
Read more »

How Pirates Opened Door For USA Move For Player | Soccer LadumaHow Pirates Opened Door For USA Move For Player | Soccer LadumaFormer University of Pretoria player Kyle Koert has opened up on his move to the USA, where he will play Columbus Rapids. SLSiya Read more:
Read more »



Render Time: 2025-03-04 12:22:29