N$1.8m raised for Dare to Care
The Dare to Care Fund has performed very well and will soon start subsidising the feed costs of all farmers in the country.
06 March 2019 | Agriculture
The entire agricultural sector, including the Namibia Agriculture Union (NAU), the Namibia Emerging Commercial Farmers Union (NECFU) and the private sector have decided to join under the Dare to Care Fund which is administered by the NAU.
The fund, which was started on 18 February, aims to support farmers by collecting N$10 million by the end of March.
The initiative aims to subsidise the feed costs of farmers in order to help them fatten livestock for the market, while also assisting them to maintain their core breeding herds.
An important aspect of the assistance is making sure feed is more affordable through subsidising. Agricultural retail outlets such as Kaap Agri and Agra, which have retail branches countrywide, will be used to reach farmers and subsidised prices will be available at all branches.
“The subsidies will be available for all farmers, including communal, emerging commercial and commercial in the whole country where approved retail feed suppliers are available. Four production lines will be subsidised which include whole yellow maize, sheep fattening pellets, cattle fattening feed and lucerne pellets,” said the union.
Any feed supply company interested in taking part, will have to make a contribution to the fund before their products qualify for a subsidy.
Furthermore any retail feed supplier which has registered during the past six months at participating feed companies will qualify to provide subsidised animal feed lines if such retailers contribute financially to the Dare to Care Fund. It is envisaged that this subsidising action will start on 1 April. More information will be given in due course.
Funds can be contributed to the following bank account: Dare to Care, FNB Commercial Suite, branch code: 28 19 72, account number: 6202 111 9509.
Fax the deposit slip to 061 220 193 or [email protected]