What is the future of land reform in South Africa? What could happen by 2030? Click here to read more on four scenarios for land reform in South Africa.

 

Read more »

Eastern Cape development agencies’ R113m forestry project nets 2 700 ha new afforestation

Backed by a 2013 R83-million grant from the Development Bank of Southern Africa Jobs Fund, the Eastern Cape Development Corporation (ECDC) and the Eastern Cape Rural Development Agency (ECRDA), providing funding of R15-million each, unlocked projects in Sinawo and Izinini in Mbizana, Mkambati in Flagstaff, Gqukunqa in Qumbu and Sixhotyeni in Maclear.

 

By the end of March, R56-million had been spent on the five projects, while, by the end of the 2016/17 financial year, an additional 1 000 ha would be planted, with a sixth project established in April. The grant funding could currently cater for 5 966 ha.

 

“The forestry commercialisation drive has identified some 15 800 ha for new afforestation which will require an additional R225-million to establish.

“This is a fantastic opportunity for private and public sector investors to take advantage of the massive economic potential inherent in the sector,” said ECRDA CEO Thozi Gwanya.

 

Follow the link below to read more:

Back to Top