Actors and drivers Clause Samples

Actors and drivers. The overall structure of the Seven Stars Trust has multiple levels. Shareholder Seven Stars Coop is a secondary cooperative that exists of six primary cooperatives each representing a unit/community of farmers, an organisation left over from the historical days of the Keiskamma Irrigation Scheme. The members of these primary coops elect the board of trustees of the secondary Seven Stars coop. In addition they elect one person to sit on the board of trustees of Seven Stars Trust. As such, each primary cooperative is represented in the Seven Stars Trust Board. The establishment of primary and secondary cooperatives in the derelict irrigation schemes across the province was driven by the provincial Department of Agriculture. Through the formation of coops, the department hoped to achieve economies of scale, and so increasing the productivity of the dairy farmers and hence their income. Nevertheless, milk production remained low and the farmers in the coop struggled to earn an income out of dairying. The main issues were lack of capital and lack of knowledge. The department thus advised the coops to look for commercial partners to assist them in the establishment of a profitable dairy operation. Amadlelo Agri Pty Ltd is made up of three shareholders: the Amadlelo Milk Producers Investment Company Pty Ltd (AMPIC) which is the body representing 70 commercial dairy farmers from the Eastern Cape and KZN; Vuwa Investment Company, a black-owned empowerment investor; and the Amadlelo Empowerment Trust which is an umbrella organisation for the workers trusts on each of the 70 commercial farms. The commercial farmers are interested in becoming a shareholder of the AMPIC for a number of reasons. They understand that the future of South Africa lies in successful transformation for which inclusion of black workers and farmers is a prerequisite. Through joining AMPIC, they have the opportunity to achieve ▇▇▇▇▇▇▇▇’s mission “To transform latent community assets into profitable, self-sustaining businesses while also providing poverty relief, job creation and food security” (Amadlelo Agri, no year). Nevertheless, Amadlelo operates as a profit driven business. As such, the shareholding farmers expect to earn a return on their investment. Through the establishment of a workers trust on their farm, the shareholder farmer can also include his labourers into this profit. Lastly, ▇▇▇▇▇▇▇▇ ▇▇▇▇, through its experienced CEO and its wide network of shareholders, has considerable clout...