South African Farmers To Receive Assistance

Matt Hopkins Posted by Matt Hopkins|7 March 2011

The South African state-owned Industrial Development Corporation (IDC) will provide farmers up to $108 million after flood and drought destroyed the recent harvest, according to Times Live.

Financial provider Land Bank will allocate the funds which are repayable over a period of 10 years. Farmers have until February 2012 to apply for assistance.

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To read more about the flood assistance program, click here.

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