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SAB Taung Barley Farmers project takes top international honour for innovation.

7 September 2010

 

MEDIA RELEASE

Johannesburg. 7 September 2010.

The South African Breweries Limited's (SAB) 16 year-old Taung Barley Farmers project has been recognised as the African Agricultural Commodities Initiative of the Year during the inaugural Africa Investor Agribusiness Investment Awards.

The awards ceremony was recently held during the Africa Investor Agribusiness Investment Summit hosted by the Kwa-Zulu Natal Department of Agriculture, Environmental Affairs and Rural Development.

The Agribusiness Investment Awards, run by leading international investment research and communications group Africa Investor, are the first to recognise Africa's global agribusiness community.This community contributes to the continent's agricultural sector by promoting innovative investments across the main agribusiness and finance sectors in Africa.

"The level of winners this year is a testament to the series of impressive organisations pioneering agribusiness investments across the continent," says Vice Chairman and Managing Director of Africa Investor, Hubert Danso

SAB's Taung Small Holder Farming project was rated ahead of similar schemes across the continent.

The Taung Barley Farmers Scheme in the Northern Cape was launched by SAB in 1994 as a means of encouraging enterprise development.

"SAB believes it is important to take a leadership role in areas where we believe we can make a difference in the lives of people and not only to promote business success.

"We take a hands-on and progressive approach to achieving this aim, the benefits of which are evidenced by the success of the Taung Barley Farmers,," says John Stenslunde, General Manager SAB Maltings and Hop Farms.

The project is managed by the SAB Maltings' Irrigation Agricultural Services team in partnership with the North West Department of Agriculture, Conservation, Environment and Rural Development and the local tribal authority. It spans approximately 1 500 hectares of land and helps around 150 Emerging Farmers generate an income from barley and maize in the area.

SAB provides the finance to the farmers to grow the crops, agricultural extension services to ensure yields and quality and guarantees a market for the product.

Through a partnership with GrainSA, a voluntary association of grain farmers, the project is able to provide skills that empower farmers to work independently on a sustainable basis.

For further information contact:
Robyn Chalmers, SAB Head Media and Communication on (011) 881 8679 or 082 924 2267 email: Robyn.Chalmers@za.sabmiller.com or Benedict Maaga, SAB Media Relations Manager on (011) 881 8478 or 079 890 7300 email: Benedict.Maaga@za.sabmiller.com

This is a SABMiller subsidiary news release, first published in its local market on [07/09/2010].

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