Market conditions created as a consequence of early lockdown measures in 2020 were the catalyst for the development of Standard Bank’s OneFarm Share. Instantly diminished demand and a consequent oversupply of fresh produce presented a very real challenge for the country’s farmers.
Market conditions created as a consequence of early lockdown measures in 2020 were the catalyst for the development of Standard Bank’s OneFarm Share. Instantly diminished demand and a consequent over-supply of fresh produce presented a very real challenge for the country’s farmers.
We are thrilled that OneFarm Share, our digital food relief platform, has won gold for the Social, Sustainable and Responsible Banking Award at the Efma-Accenture Banking Innovations Awards 2021. The Efma-Accenture Banking Innovation awards are global awards showcasing the best new ideas and practices transforming the banking industry.
Agri-Fintech marketplace, HelloChoice, has just concluded a 25% equity deal with Standard Bank. The platform, created in 2018, links farmers and food producers directly with potential buyers. A significant boost for the three-year old company. “Standard Bank’s equity purchase in HelloChoice is part of the bank’s commitment to building agri-entrepreneurship and food security in the […]
Following the recent civil unrest in KwaZulu-Natal and Gauteng that left many communities without access to basic staple food items, several agricultural organisations have joined forces to donate tons of food items to those in need. According to Kathy Hurly, programme manager at the KwaZulu-Natal Agricultural Union (Kwanalu), 4t of basic staple food items had […]
While more than 12 million people in South Africa are unsure where their next meal will come from, the nation has a net surplus of food. OneFarm Share brings together supply chain players to sell or donate their edible surplus food rather than dump or incinerate it. In eight months, the OneFarm Share initiative has […]
After witnessing the devastating effects of Covid-19 and hard lockdown, Tebogo Sebambo, who runs a small farming business situated in Tarlton, near Magaliesburg, Gauteng, wanted to make a difference in any that he could. Sebambo’s business, At Source Food Serv, grows baby vegetables such as baby carrots, cabbages, sugar snap peas and beetroot. However, as traditional market […]
Sebambo grows vegetables such as cabbage, sugar snap peas, carrots and beetroot. Tebogo Sebambo is part of a growing cohort of emerging farmers who have joined an online platform to share their produce with the needy to fight hunger and poverty. Sebambo, 36, the owner of At Source Food Serve – a smallholding farm in […]
The recent civil unrest has threatened food security in the parts of the country that were affected. To assist in providing citizens, who do not have access to food, Standard Bank has assisted in providing 80 tons of fresh food to communities in KwaZulu-Natal. Using the mechanism OneFarm Share, a programme founded by the bank […]
“We are staring down a humanitarian crisis,” says Lungisa Fuzile, Chief Executive of Standard Bank South Africa. “This is the first of a series of relief measure from Standard Bank. We believe it is our responsibility to help those who are suffering during this time of turmoil and will avail funds available as we understand […]