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Parliament to probe Farmworker Equity Schemes
Cape Times
|November 18, 2025
ONLY nine of the 88 Farmworker Equity Schemes, worth millions of rand, launched from 1996 to 2008 only ever declared dividends.
This has triggered MPs on the Portfolio Committee on Land Reform and Rural Development to ask why farmworkers have been “cheated” out of millions invested in the schemes.
More than R700 million in public investment has been made towards the schemes yet farmworkers and their descendants still live in poverty with no security of tenure.
The idea of the schemes involved the state providing conditional grants to groups of farmworkers to enable them to purchase equity (shares) in the farms or agribusinesses in which they were employed. These initiatives were framed as a mechanism to empower workers and advance transformation in the agriculture sector.
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