DStv Channel 403 Saturday, 20 April 2024

Government to help farmers invest in alternative energy

Agriculture, Land Reform and Rural Development Minister, Thoko Didiza has announced an Agro-Energy Fund to the tune of R2,5-billion.

JOHANNESBURG - The government is to help farmers invest in alternative energy sources.

Agriculture, Land Reform and Rural Development Minister, Thoko Didiza has announced an Agro-Energy Fund to the tune of R2,5-billion.

WATCH: Govt to assist farmer investment in alternate energy

The Agriculture Department Director-General Mooketsa Ramasodi said, "The Agro energy fund has three categories, and one of those categories is farmers will qualify for a 30-percent grant from government .... and the land bank supplying the entire 70-percent."

"We are looking at farmers who have the greatest impact in terms of food security in our country."

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