26.10.2017

Bayer commits to smallholder farmers in the Eastern Cape

- In agreement with the Eastern Cape Government, Bayer will provide much-needed equipment to Eastern Cape farming communities
- Bayer’s support for the programme is expected to be extended to more Eastern Cape farming communities

Eastern Cape, 25 October 2017 - The Eastern Cape farming community today received much needed support to boost their wool production initiatives when Bayer South Africa, supplied them with shearing equipment. While the province produces a third of South Africa's wool, the Eastern Cape as a whole plays an important role in South Africa's economy, contributing approximately eight percent to the national Gross Domestic Product (GDP)1.


Having the correct equipment is central to bolster efficiency and production volumes for these farming communities that are already pooling their resources together - collaboration that has seen them making a notable impact in the agricultural sector. Bayer has undertaken to maintain four sheep shearing sheds in addition to furnishing them with essential shearing equipment to help ensure the farmers get the most out of their operations by having access to these essential tools.


Dr György Polgár, Head of the Animal Health’s commercial operation in Southern Africa expressed, "Against the backdrop of a growing population, the role of agriculture is more significant than ever before to meet future demands. It is therefore fitting that we create an environment that enables smallholder farmers to be efficient in their businesses and that they have suitable infrastructure to work from which will lead to better yields and improved capital."

1Huffpost, Here Are Some Excellent Reasons To Invest In Eastern Cape Farmers


Bayer commits to smallholder farmers in the Eastern Cape

- In agreement with the Eastern Cape Government, Bayer will provide much-needed equipment to Eastern Cape farming communities
- Bayer’s support for the programme is expected to be extended to more Eastern Cape farming communities gains. By working with the Eastern Cape farmers, we are hoping to contribute to helping solve one of the the major challenges of our time.”


Through Qeqe Wool Growers Association, Sizini Wool Growers Association, Maxhama Wool Growers Association and Mqwashini Wool Growers Association, close to a 250 farmers will receive initial support from this initiative with more farmers standing to benefit. Bayer, in partnership with the Eastern Cape Department of Agriculture and Rural Development, intend to expand the initiative in 2018 and 2019.

Dr Polgár concluded: “We are hoping that this support, in the form of time in services and maintenance in these operations, as well as our investment in the form critical tools of the trade will advance the emerging farmers, by ensuring that they remain active participants in the local economy. Most importantly, the sustenance of their operations guarantees much needed employment and the promotion of entrepreneurship.”

Bayer is a global enterprise with core competencies in the Life Science fields of health care and agriculture. Its products and services are designed to benefit people and improve their quality of life. At the same time, the Group aims to create value through innovation, growth and high earning power. Bayer is committed to the principles of sustainable development and to its social and ethical responsibilities as a corporate citizen. In fiscal 2016, the Group employed around 115,200 people and had sales of EUR 46.8 billion. Capital expenditures amounted to EUR 2.6 billion, R&D expenses to EUR 4.7 billion. These figures include those for the high-tech polymers business, which was floated on the stock market as an independent company named Covestro on October 6, 2015. For more information, go to www.bayer.co.za

Contact:
Tasniem Patel,
Mobile +27 82 8732423
Head of Communications for Southern Africa
Email: tasniem.patel@bayer.com

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This release may contain forward-looking statements based on current assumptions and forecasts made by Bayer Group or subgroup management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Bayer’s public reports which are available on the Bayer website at www.bayer.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.