Wealth creation: Investing in Macadamia Farming
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An initiative that exposes investors to the benefits of macadamia as a stream of revenue has been launched by Livestock Wealth Investments. The enterprise is centered around bringing farmers and investors together, for the benefit of both parties – on the one hand, the farmer gets the investment funding he needs to eventually reap an optimum product, while the investor sees double the returns to his/her initial investment.
Ntuthuko Shezi, the Chief Executive officer of Livestock Wealth explained that while the macadamia crop is the highest earning agricultural product per hectare, it is a challenging undertaking as it is expensive to grow and take six years to produce its first harvest and income. Meanwhile, the crop is also in high demand, and there isn’t enough supply to meet this demand. Livestock Wealth, which has been approved by the Financial Sector Conduct Authority (FSCA) found an innovative way to address this challenge, which sees the investor having the opportunity to own his/her own tree as it grows, with the farmer buying it back from the investor at the first time of harvest, for almost double the money put in at the beginning of the six years.
Ntuthuko Shezi, the Chief Executive officer of Livestock Wealth explained that while the macadamia crop is the highest earning agricultural product per hectare, it is a challenging undertaking as it is expensive to grow and take six years to produce its first harvest and income. Meanwhile, the crop is also in high demand, and there isn’t enough supply to meet this demand. Livestock Wealth, which has been approved by the Financial Sector Conduct Authority (FSCA) found an innovative way to address this challenge, which sees the investor having the opportunity to own his/her own tree as it grows, with the farmer buying it back from the investor at the first time of harvest, for almost double the money put in at the beginning of the six years.
