Molam’s Farming (R13.2 million)
Molam’s Farming based in Delpan North West is a 100% black owned start–up primary agriculture enterprise focusing on grain (maize and sunfl ower), groundnut and soybeans crop production.
Lantek SA (precision farming experts) will provide technical assistance over a 3-year period. NWK (major grain and soybeans buyer) and The New Nut Company (the third largest groundnuts buyer in RSA) will uplift 100% of the produce based on contracts and a signed off-take agreement.
Job creation: Total 95 jobs. 20 jobs during development, 15 full-time, 60 seasonal jobs (6-7 months), Resuscitation of restituted land and stimulation of the local economy.