Wednesday, November 25, 2020

Vkb Group

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https://www.vkb.co.za
VKB Group is a modern, dynamic agricultural enterprise that has, since its establishment in 1919, continuously focused on accomplishing solutions for the changing and diverse needs of agricultural producers and related stakeholders. Today the VKB Group proudly boasts an extended network that consists of 29 entities, of which VKB Beleggings (Pty) Ltd (“VKB Beleggings”) is the holding company, with the agricultural activities and industries resorting within VKB Landbou (Pty) Ltd (“VKB Landbou”) and VKB Agri Processors (Pty) Ltd (“VKB Agri Processors”) respectively. The Group has a unique incentive model for agricultural producers who are shareholders within VKB Beleggings. This model, according to which a substantial portion of each year’s income from the agricultural business is awarded to VKB Landbou’s stakeholders as incentive discounts, makes the business a supplier of choice in its service area. In addition to that, VKB Beleggings declares dividends annually from the profits generated by the industries (VKB Agri Processors Group), as well as the other agricultural entities. The Group is also one of the prominent employers in rural Eastern Free State and rural Limpopo, and employs approximately 6 000 people. The Group forms the cornerstone of the rural economy in the Eastern Free State. As part of good corporate citizenship, the Group increasingly invests in initiatives and infrastructure for the benefit of the communities in which it trades.

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