Triple D Farms Share Equity Scheme

Project Name

Investor Sector
Agriculture: Table Grapes and raisins
Key contact:
 
Bernard Mabele
 
Job title:
 
Project Manager: Agriculture and Agro-Processing
 
E-Mail:
 
bernard2011@webmail.co.za
 
Telephone:
 
+27 53 833 1503
 


Brief overview of this sector in the region
 
The Northern Cape is enjoying a tremendous growth in value-added activities, including game-farming. Food production and processing for the local and export market is also growing significantly. Underpinning the growth and development plan of the province are the investment projects that link up with the existing plans of the Namaqua Development Corridor. 
The economy of a large part of the Northern Cape, the interior Karoo, depends on sheep-farming, while the karakul-pelt industry is one of the most important in the Gordonia district of Upington. The province has fertile agricultural land. In the Orange River Valley, especially at Upington, Kakamas and Keimoes, grapes and fruit are cultivated intensively. Wheat, fruit, peanuts, maize and cotton are produced at the Vaalharts Irrigation Scheme near Warrenton. 



Specific location/site

The land is located at Kakamas, approximately 80 kilometers South West of Upington in the !Kai Garib Local Municipality under the Siyanda District Municipality.


 Brief description of opportunity:
 

The proposed project to be undertaken on the land is an empowerment project which has been initiated by TRIPLE D FARMS, an already established and successful table grape exporting producer. The proposed project is to empower 49 previously disadvantaged individuals, of which at 

least 5 are females. The project is proposed to be carried out in a joint venture company which the Triple D Farms and the farm workers will be the share-holders. The project is aimed at producing table grapes and raisins. The land earmarked is 100ha in size and is not yet developed for the intended operation.