The PepsiCo Foundation, the Kgodiso Development Fund and the FoodBev SETA open applications for the Mzansi Black Business Accelerator initiative to support entrepreneurs.
The Kgodiso Development Fund today announces two new investments totaling R28 million, aimed at supporting emerging farmers in the Raisin industry. The Kgodiso Fund was established as one of PepsiCo Sub Saharan Africa’s public interest commitments, made to the government at the time of the acquisition of Pioneer Foods.
South Africa needs to force the gender agenda into the mainstream through deliberate actions and amplify the policies of transformation to empower black female farmers. This is according to Nonie Mokose who serves as an independent trustee and chairperson of the Investment Committee at the Kgodiso Development Fund.
Food and beverage company PepsiCo today launched the Kgodiso Development Fund, a five-year, R600 million investment to help transform the food system in South Africa. It will look to create ‘shared value’ solutions that ultimately help build a sustainable food system by creating local employment opportunities and increasing local procurement and supplier diversity.
Kgodiso Development Fund and Raisin SA officially open the Vine Academy in Northern Cape, providing critical skills and job creation within the community.
On a 612-hectare farm in Dannhauser, a small town between Dundee and Newcastle in Kwa-Zulu Natal, the Mthethwa family had for many years produced maize and soya beans crops on their Milnerdale farm. Following the tragic death of the patriarch in 2018, 33-year-old Lethiwe Mthethwa and siblings, found themselves at the helm of the family business.