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President Cyril Ramaphosa has called on commercial banks to ease lending restrictions for emerging farmers, saying access to finance is essential to expanding black people’s participation in commercial agriculture.
A new partnership between Agrico and Absa makes it easier for qualifying clients to finance Agrico centre pivot irrigation systems, including pipelines, pumps, sprinklers, and automation.
Land Bank's Blended Finance Scheme is under renewed parliamentary scrutiny as demand outstrips available funding and farmers face delays that can have serious consequences for seasonal production.