What is Tiger Brands’ enterprise supplier development fund, and why was it started? We established it to drive our enterprise and supplier development agenda. The fund, which is called the Dipuno Fund, will support black smallholder farmers, with particular focus on women, black suppliers providing goods and services within the supply chain, and black distributors supplying the market with Tiger products through its value chain.
Tiger Brands wants to help these farmers develop a solid asset base and liquidity to enable their operational and technical capability to deliver on market opportunities.
The Dipuno Fund was established against the backdrop of a serious lack of access to finance for many black suppliers of Tiger Brands (including smallholder farmers) and Tiger Brands distributors. This has had a negative impact on their ability to supply goods and services to Tiger Brands, and distribute Tiger Brands products.
With the Dipuno Fund, R100 million was set aside to provide corporate and micro-financing support, while a portion of this was invested in providing nonfinancial support, such as connectivity, office space, mentorship, training, and business and management systems.
This story is from the March 13, 2020 edition of Farmer's Weekly.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the March 13, 2020 edition of Farmer's Weekly.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
R17m donation of tractors, bulls and infrastructure
Small-scale farmers in KwaZulu-Natal have been given an opportunity to grow into sustainable commercial businesses through a holistic integrated programme that will provide mechanisation, infrastructure and sector expertise.
Top dairy products revealed
Lactalis South Africa has won the South African Dairy Product of the Year Award for six of the past eight years. This year it won with a 10-month-old Gouda made especially for Woolworths.
Poor waste management highlighted on Earth Day
Most of South Africa’s waste ends up in dumps, if not strewn across open spaces or littering streams and oceans.
Kenya hosts soil health summit
The health of African soil was discussed at length by gathering of experts, writes Jeff Kapembwa.
Report shows the impact that heat has on agricultural workers
The UN’s International Labour Organisation (ILO) recently released a report showing the impact of climate change on the health of workers.
Factors to bear in mind when dipping livestock
It is important to consider the intervals at which you dip livestock in relation to the specific season in which ticks become more or less, writes Shane Brody.
Good outlook for pome fruit
Varieties of fruit could be the key in growing the pome fruit sector, writes Glenneis Kriel.
Building a sustainable agriculture sector in the Western Cape
Technology, research, financial mentorship and more will be required, writes Marinda Louw Coetzee.
PwC research shows food crisis impact
A new report details how the looming food crisis will affect Africa, writes Jyothi Laldas.
Braaied meat and soft-boiled egg Thai salad
This salad with maize, peanuts and eggs will turn leftover braai meat into a completely different meal. Recipe and photo: South African Poultry Association.
