- The Grain Marketing Board (GMB) is involved in various projects aimed at assisting farmers.
- In line with the new mandate given to the Board by the Minister of Lands, Agriculture, Fisheries, Water and Rural Development, GMB now needs to implement revenue generation strategies.
- One of the clause on the new mandate states that the GMB must develop a self-sustaining financing mechanism for purchase and sale of grain ahead of any marketing season and creating a robust and sustainable financial base for the GMB by the 2022/23 summer marketing season.
- As part of implementing the new mandate, the GMB seeks to consolidate its turnaround initiatives by generating monthly revenue which at least meet its operating costs including the wage bill.
- The GMB is set to strengthen its position in the Agro Industry through being actively involved in commodity trading.
- Commodities earmarked for trading are sugar beans, sunflower, sesame seed, rice and groundnuts amongst others.
- Farmers are thus encouraged to grow these as we are offering a viable producer price.
- Opportunities exist for inputs suppliers to enter into an agreement with the GMB whereby they will be supplying GMB depots with inputs for selling to farmers as consignment stock.
- Inputs looked at are fertilisers, seeds, herbicides and chemicals.
- Apart from inputs suppliers, we are also presenting the same opportunity to suppliers who deal with farming implements to bring their implements also as consignment stock to sell to farmers.
- Farmers on the other hand will be paying using grain as swaps and cash with various payment options available.
- Suppliers and manufacturers in the Agro Industry can also partner the GMB in bringing farmers requirements such as seeds, fertilisers, chemicals, animal feeds, veterinary products and various hardware products closer to the farmers through the GMB depots network.
- This will take the form of agro retailing shops and will bring convenience to the farmers.
Grain Production Partnerships
- Opportunities exist for farmers, agricultural colleges and various government departments to engage in grain production partnerships with the GMB.
- The model being sought after is the contract farming model.
Other business opportunities
- The GMB is not only limited to the above business proposals.
- We are looking for Public Private Partnerships (PPPs) including Built Operate Transfers (BOTs) for various infrastructure projects which include;
- Silo constructions
- Sheds construction
- Hard stands construction
- Weighbridge installation
- We are calling upon companies with viable projects to contact the Office of Strategy Management through the following contact details:
Acting Strategy and Business Development Manager