28 Mar 2018

Cape Talk: beverage giant sets aside R400 million to support emerging farmers

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This interview and article first appeared on Cape Talk:

Kieno Kammies speaks to Gao Mothoagae Executive Manager at CCBSA Mintirho Foundation: Last night Coca Cola Beverages South Africa launched the Mintirho Foundation – and with it a R400 million agricultural development fund to support emerging farmers especially for those who are part of the agricultural value chain.

With all of the transformation projects we are running, we were challenged by the Commission to see how we can do better on that.

One of the conditions was to set aside R400 million for the development of the agricultural value chain focused on historically disadvantaged developing farmers who supply products into our space.

So we set aside this money to basically help them develop and be sustainable as well as economically viable into the future.

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