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New funding hope for “unbankable” farmers

There is hope for emerging farmers in the Eastern Cape who have been turned down by mainstream financial institutions.

Following the establishment of the Eastern Cape Rural Development Agency (ECRDA), they now have a reasonable chance of getting loans at lower interest rates.

The agency’s main responsibility is to fund farmers who have been rejected by main- stream financial institutions such as banks.

Millions injected to train chartered accountants

South Africa faces a shortage of more than 5 000 chartered accountants and government has the huge task of trying to fill the more than 40 perent vacant posts in the fi profession. To tackle this problem head-on, the Department of Higher Education and Training (DHET) will, over the next four years, inject a whopping R84 million into the accounting department of the Walter Sisulu University in the Eastern Cape.

Beating HIV and Aids

A year after adopting the National Strategic Plan for HIV and Aids 2012 to 2016, South Africa has made great strides in its efforts to combat HIV and Aids.

Over the past financial year, the number of new patients placed on ARVs has increased drastically to 617 147, compared to the 418 677 who were on ARV treatment in 2010/11.

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