Categories: South Africa

Chicory industry set to create 800 new jobs

A memorandum of understanding (MoU) has been signed between Nestlé South Africa, the Department of Trade and Industry (DTI) and…

The MoU is part of the public-private sector collaboration between industry and government in the chicory sector. The programme is aimed at boosting the number of local farmers who grow chicory and supply Nestlé South Africa.

The development in the chicory industry falls within the pronouncement of the National Development Plan, and the nine-point plan to ignite economic growth in South Africa as announced by President Jacob Zuma in his State of the Nation Address.

These two growth and development plans have set a target of one million jobs for the agriculture and the agro-processing sector, said Minister of Trade and Industry Dr Rob Davies, according to the release.

“Nestlé will provide technical support to ensure optimal quality of chicory in the KwaZulu-Natal and Eastern Cape provinces. This is a long term commitment of five years with the DTI to limit imports and encourage local procurement in South Africa,” said Ravi Pillay, director for communication and public affairs for Nestlé South Africa.

The MoU signed with the Eastern Cape chicory farmers will assist in addressing some of the regression currently facing the industry in South Africa, said Pillay in the release.

Recent Posts

Wine industry satisfied with inflationary sin tax increase

The South African wine and brandy industry has welcomed the inflationary increase in excise duties announced by Finance Minister Tito…

22 hours ago

Hedging market and climate risks on a family wine farm

Boplaas Family Vineyards shows that farm size does not really matter if you want to makeit in the wine industry.…

1 day ago

SA peanut plantings at lowest level ever

Only 19 200ha had been planted to peanuts in the 2018/2019 production season, which is the smallest area on record,…

1 day ago

No pay rise for MPs as govt seeks to close budget deficit

South Africa is not immune to events in the global economy and the expected slowdown in world economic growth will…

2 days ago

Treasury cuts land reform budget

The allocation from National Treasury to the Department of Rural Development and Land Reform (DRDLR) will decrease from just under…

2 days ago

More money for black farmer development in Mboweni’s budget

The national budget for the 2019/2020 fiscal year, which was tabled by Finance Minister Tito Mboweni in Parliament on Wednesday,…

2 days ago

This website uses cookies.