How to Business

Tips for running a farm’s finances in tough times

Unfavourable climatic conditions, poor commodity prices and rising production costs are making it increasingly difficult for farmers to stay productive and run profitable enterprises on their farms. Glenneis Kriel asked three experts for tips that could help farmers weather the financial storms.

A drought action plan for livestock farmers

Drought seems to have become a permanent part of Southern Africa’s weather patterns, but many farmers are still caught unaware, and suffer accordingly.
Legal advice on fighting false labour tenancy claims

Legal advice on fighting false labour tenancy claims

Based on his extensive experience in representing mostly KwaZulu-Natal landowners in labour tenancy claims lodged against them, attorney Rob McCarthy of McCarthy and Associates believes the process is inherently biased in favour of claimants. He speaks to Lloyd Phillips about this challenge, and gives landowners advice on how best to fight false labour tenancy claims.
wind farm

Wind farms: a massive opportunity for SA’s farmers

Fickle power supply and ever-increasing tariffs are spurring South Africa’s agriculture sector to look at alternative sources of electricity. Jacobus Treurnich, the land rights manager of G7 Renewable Energies, spoke to Jeandré van der Walt about wind farms and the opportunities that farmers will have to rent out their land for wind-generated power.

Water problems: why SA’s farmers face multiple risks

There are many signs that both the supply and quality of water in South Africa are likely to decrease. This poses a host of challenges for the country’s farmers.

Biosecurity: not an afterthought, but a way of life on the farm

To be truly effective, biosecurity has to be part of the farm’s ‘culture’, so that every employee and visitor is motivated to adhere to the procedures.

Rural development is key to promoting economic development

Investing in an end-to-end employee health, risk and well-being solution can result in considerable savings for the employer, while ensuring that valued staff members are retained.
farm land

Why a farmer has to be realistic

A farm can only produce according to its potential and what’s invested in it, says Roelof Bezuidenhout.

Insurance not covering all your risks? Here’s a solution

Gaps in insurance cover can be addressed by structured risk financing policies that allow for the funding of risks not feasibly covered by traditional policies.

Can your business survive without you?

It is the role of a skilled financial planner to identify potential financial risks that clients are faced with, and provide tailor-made solutions to mitigate its financial impact on the client. This article proposes an unlikely solution to a common, yet often forgotten, risk: ill-health and non-specific absence from duty, and how the use of a power of attorney may protect businesses in these situations.

The importance of succession planning

Succession planning is a process that occurs over time, which ultimately involves the transfer of the farm business assets. It depends on the needs and wishes of the owner.

Minimising the impact of land development

Development in a natural area should maintain the integrity of the environment and never compromise the proper functioning of the ecosystem within the landscape.

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