How to Business

Counting the cost of your farm

Counting the cost of your farm

Farm input costs include items such as feed, labour and machinery. The following general cost input terms are useful in calculating precisely how much your farm costs you to run.
The last harvest – guidelines to retiring

The last harvest – guidelines to retiring

According to Stats SA, only 6% of South Africans can afford to retire comfortably, while retirement planning was highlighted as the biggest financial planning concern amongst commercial farmers in a...
Community of property or antenuptial? Which option is best

Community of property or antenuptial? Which option is best

Many of us look forward to the day when the ‘question is popped’ and preparations for the big day begin. However deciding to get married entails far more than planning...
Can a trust be party to a contract?

Can a trust be party to a contract?

(Standard Bank v Johannes Gerhardus Swanepoel NO [2015) ZASCA 71). Standard Bank provided an agricultural produce loan and a business cheque account to the Harne Trust represented by the trustee,...
Section 3(3)(d) - the silent assassin of your estate plan

Section 3(3)(d) – the silent assassin of your estate plan

One of the overarching objectives of estate planning is to minimise estate duty. There are various planning mechanisms which can be applied to ensure that this objective is achieved.
Should you nominate a beneficiary on a retirement annuity?

Should you nominate a beneficiary on a retirement annuity?

Nominating a person as a beneficiary on a RA is not a guarantee the person will receive the full benefit intended for them. Careful consideration needs to be given to...

Agricultural output terms explained

Output terms relate to the value of production or yield (such as fodder) of a specific farming enterprise sold or used on the farm. In some cases, this may include...
Drought in perspective

Drought in perspective

The unbridled misuse of natural resources guarantees a future of environmental and socio-economic crises.
Learn marketing mechanisms to maximise grain profits

Learn marketing mechanisms to maximise grain profits

According to Dr Dirk Strydom, Grain SA’s manager for grain economy and marketing, South Africa’s producers are technologically advanced, but lack marketing prowess. However, marketing opportunities abound, particularly in the...
What you need to know about trust laws

What you need to know about trust laws

Keeping up to date with legislation on trusts, capital gains tax and wills is important to avoid legal tangles. Elbe Thatcher, fiduciary specialist at Old Mutual Wealth, tells Gerhard Uys...
Enforcing a disciplinary code in the workplace

Enforcing a disciplinary code in the workplace

Employers must take great care to deal with workplace misconduct according to the set procedures.
What are the objects of your business plan?

What are the objectives of your business plan?

The objectives outlined in your business plan must be realistic and achievable, with the strengths and weaknesses properly identified and analysed.

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Rising concern over antibiotic resistance is forcing livestock producers across the world to change their production management practices. Dr John Patience explains to Glenneis Kriel how pig producers can benefit...

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