Started by Bernhardt du Toit, benefitting 242 farm workers.
Why was it started?
Bernhardt wanted to give back to the community that made him a success.
How was it done?
An equity share scheme was initiated between Bernard and his farm workers with the workers acquiring 33% stake in his farming enterprise. The farm workers are now included in all farming operations – from the decision making processes.
Social and Economic Implications
The farm workers benefit financially by dividends paid out to shareholders. Socially there was an improvement in the relationship between the farmer and his workers.