http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.78Change: 0.10
R/$ = 12.50Change: 0.06
Au 1095.40 $/ozChange: 0.05
Pt 983.00 $/ozChange: 0.00
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Letters Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Jul 11, 2012

Food security threat looming – Land Bank

Back
Agriculture|Afgri|Africa|Land Bank|Landbank|SECURITY|Systems|Water|Africa|South Africa|Zambia|Zimbabwe|ZAR|Agricultural Services|Bank|Food|Food Security|Services|Sufficient Food|Systems|Chris Venter|Phakamani Hadebe|Water
Agriculture|Africa|SECURITY|Systems|Water|Africa|Zambia|||Services|Systems|Water
agriculture|afgri|africa-company|land-bank|landbank|security|systems-company|water-company|africa|south-africa|zambia|zimbabwe|zar|agricultural-services|bank|food|food-security|services|sufficient-food|systems|chris-venter|phakamani-hadebe|water



A population boom across the world will undermine food security and urgent counter-measures are needed, the Land Bank said on Wednesday.

CEO Phakamani Hadebe said a new approach was needed to sustain food security as the world moved towards the 22nd century.

"We really have to review the way we do business. Food security will demand new thinking and a new approach."

Hadebe was briefing reporters in Centurion at the signing of a multi-billion rand agricultural loan deal between the bank and agricultural services and food group Afgri.

"For the world to be able to produce sufficient food, we will need to improve our technology. We need new systems to enhance our productivity. We also have to work smarter."

Without sufficient food, cross-border migration would swell rapidly, he said.

"The boundaries that we have will diminish over time, which means we will see a lot of migration. Countries that appear to be doing better [economically] will attract more people."

United Nations forecasts indicated the global population was likely to reach nine billion by 2050, with the major growth taking place in developing countries. Factors such as water shortages, climate change, and rising growth rates in developing countries would also jeopardise food security.

"South Africa is beginning to feel the impact of water shortage. The country's population by 2050 could be at around 55- to 60-million. How are we going to achieve this objective [of food security]?"

Hadebe said the Landbank/Afgri deal was beneficial not only to South Africa, but the whole African continent.

"The combination of the two entities' efforts, not only benefits our institutions, but the whole country. The impact will not only reside in South Africa, but we have efforts of looking beyond South Africa."

Afgri CEO Chris Venter said Africa's thriving population would soon put pressure on the continent's food reserves.

"We want to continue to expand our footprint into Africa. We need this partnership to ensure the sustainability of food security and we can't do that on our own."

Venter said his company was actively supporting farming in countries, including Zambia and Zimbabwe.

"Through our involvement in Zimbabwe, we have realised an improvement in the agricultural activities there. On the sugar [production] and tobacco side there are increases, but the country is still a long way from where it was.

"There is a general positivity in terms of agriculture across the African continent. More African governments realise that they need to secure food security," he said.

Last week, the Land Bank announced it had raised R1-billion from the African Development Bank, and a further R830-million from the South African capital markets.

Edited by: Sapa
Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Agriculture News
Updated 3 hours ago The Southern African Macadamia Growers’ Association (SAMAC) expects the industry’s current growth trend to continue for at least the next five to seven years. South Africa had an estimated 19 000 ha of macadamias, with an additional 1 000 ha being planted every year,...
Dual-listed packaging and paper group Mondi expects its underlying operating profit for the half-year ended June 30 to be above the €377-million it reported for the first six months of 2014.  In the six months under review, the group recognised a net special item...
Supermarket chain Pick n Pay has vowed to create 20 jobs every day through a new 20, 20, 20 by 2020 programme that would also see the firm simultaneously cut energy use and reduce waste. The newly launched “war on waste” campaign would target food waste, energy...
Article contains comments
Article contains comments
More
 
 
Latest News
Updated 45 minutes ago Not only were new oil and gas (O&G) discoveries in East Africa a catalyst for investment into road, rail and pipeline infrastructure, but they also contributed to the region’s economic growth, with growth of 5.5% projected for this year and an estimated 6% to 7% for...
Updated 1 hour 2 minutes ago Transnet has won the 2014 Nkonki State-Owned Company (SOC) Integrated Reporting Award for the best performer. Assurance and advisory firm Nkonki on Wednesday released the findings of its 2015 review of integrated reporting by South African SOCs. The report, titled...
Updated 1 hour 3 minutes ago Leading water scientists say it is no longer debatable that South Africa is experiencing a water crisis given that there are already serious problems in supplying enough water of sufficient quality to meet the country’s social and economic needs. CSIR researchers...
More
 
 
Recent Research Reports
Real Economy Year Book 2015 (PDF Report)
There are very few beacons of hope on South Africa’s economic horizon. Economic growth is weak, unemployment is rising, electricity supply is insufficient to meet demand and/or spur growth, with poor prospects for many of the commodities mined and exported. However,...
Real Economy Insight: Automotive 2015 (PDF Report)
Creamer Media’s Real Economy Year Book comprises separate reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, gold, iron-ore and platinum sectors.
Real Economy Insight: Water 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Construction 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Electricity 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Road and Rail 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
 
 
 
 
 
This Week's Magazine
Updated 6 hours ago Meyerton-based steel tank manufacturer Structa Technology is currently rolling out a water infrastructure build programme that supports local municipalities, water utilities, schools, hospitals and clinics.
Alternative funding models could be expected to begin coming to the fore in South Africa’s renewable-energy sector as the market becomes more competitive and domestic development finance institutions (DFIs) begin scaling back their direct involvement in projects....
DIMITRI MARKOULIDES An innovation champion must involve employees in innovation projects and keep them updated to enable them to support and drive innovation and create the future of the business
An innovation champion course that trains executives to manage innovation in their organisations aims to help companies grow revenue streams and tap new markets, says business change management consultancy BMGI South Africa innovation practice lead Dimitri...
Future digital workplaces will require employees to continuously learn new “literacies”, including new media, information and technical skills, to help their company thrive and spur personal growth. Information technology (IT) research firm Gartner, thus, suggests...
Only 25% of large construction projects surveyed in KPMG’s Global Construction Project Owner’s Survey, released in June, were concluded on time and within budget over the last three years. “Every project owner wants predictability when it comes to large projects, and...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $96 Close
Subscribe Now for $96