Page 41 - 19 Cotton SA September 2019
P. 41
/ RESEARCH, TRAINING AND DEVELOPMENT
MR PRICE:
FINALIST IN SUPPLIER
DEVELOPMENT AWARDS
submitted by Tanya Aucamp, Communication Specialist for Cotton SA
Natasja Ambrosio, Mr Price Group Sustainable
Value Chain Executive.
Through its innovative work in developing a Together with the South Africa Cotton Cluster
local cotton value chain, Mr Price Group Limited (SACC), previously known as the Sustainable
earned a finalist position in the Absa Business Cotton Cluster, Mr Price Group has made a
Day Supplier Development Awards on 14 June significant contribution to the growth of local
2019 in Durban, South Africa. cotton production since 2013. The group
The group was a runner-up in the Overall finances loans for small-scale cotton farmers
Winner category, as well as in the Nation-builder to buy seed and other agricultural inputs. In
and Small Supplier and Local Manufacturing addition to this, an early payment facility allows
sections. The awards acknowledge the role small-scale farmers to be paid immediately for
of business in developing suppliers, with the their crop.
overall aim of strengthening South Africa’s In the 2019 fiscal year, the group supported
economy. over 263 South African small-scale farmers,
Volume 21 No 3 September 2019 | 41
