32m drought relief
Government has pledged R32 million to help farmers affected by drought. The Industrial Development Corporation (IDC) has made available soft loans as emergency funding towards working capital, infrastructure and a small portion for carry-over debt for the commercial sector.
A soft loan is a loan with a below-market rate of interest. Giving an update on the status of drought relief support to the agricultural sector, Agriculture, Forestry and Fisheries Minister Senzeni Zokwana said the funding had already been approved.

