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South African President Jacob Zuma, addressing the World Climate Business Summit on Green Business Generation in Durban on Saturday, called on business to partner with the country and the continent in creating a "greener", sustainable future.
There are huge opportunities for banks to get involved in the transformation of South Africa's agricultural sector by providing finance to small-holder farmers and farm workers, and advice to established farmers seeking BEE partners, says Standard Bank.
An international investment company that recently set up office in South Africa is optimistic that Africa will fast become the focus of investors looking for alternatives in the wake of the recent US financial crisis.
The Department of Trade and Industry has approved the application for the AgriBEE sector transformation charter, which is aimed at ensuring greater participation by black people in the country's agricultural sector, both in farming activity and in enterprises along the entire value chain.
Profitability in South Africa's agricultural industry - the lifeblood of the country's economy - rose by a significant 24% last year, mainly as a result of increased turnovers and improved management styles, the PricewaterhouseCoopers Agribusiness Benchmarking Survey finds.