Qombolo A/A PHONE 0745331358, 0724272224

TSOMO, 5400 EMAIL bingwawellie@gmail.com

P.O. Box 126, EMAIL nkululekofreeda@gmail.com
COFIMVABA, TAX # 9753799171
5380
Eastern Cape

SIBHUQASHEBT (PTY) LTD

REG #: 2020/255836/07
TRADING NAME: SBT (PTY) LTD

MEMORANDUM
TO : MR BOOI AND THE OFFICE

FROM : SIBHUQASHEBT

DATE : 30 May 2022

SUBJECT : REQUEST TO BE ASSISTED IN VEGETABLE MARKET

STRUCTURE

BACKGROUND TO THE STUDY

In recent years the development of rural enterprises has increasingly attracted attention amongst
the development community owing to the broadening of opportunities for the commercialization
of smallholder agriculture. Despite this interest, there are several factors that continue to limit the
capacity of farmers and rural entrepreneurs to make an effective contribution to sustainable and
equitable economic growth. Many of these factors are well recognized and include inadequate
economies of scale, the high risks associated with farming, lack of capital assets and
infrastructure, limited access to markets and inadequate technical and business skills.

However, as per our research little work has been carried out on the provision of business
services at farm level in areas around our region, particularly in remoter rural areas where
markets are weak.

The problem

Scarce vegetable markets.

B-BBEE LEVEL 1 Page 1

Resolution

As a company that is involved in vegetable farming. It has come to our attention that a vegetable
market can be a source or a resolution to other small and medium vegetable farmers who wish
their stock can be bought somewhere. We pledge as the above mentioned company to be the
wholesale and retail vegetable market to small and medium vegetable producers, and customers
around our region.

Now, we seek to request your good office to assist us to build a Vegetable market structure/s so
as to create new markets for the disadvantaged vegetable producers and open doors for our farm
market as we would like to sell our produce to big markets or stores like Superspar, Shoprite etc.

Land

We have open available land about 2.5 hectares. Layout structures are attached on the next pages

SALES FORECAST

Units sold Average Annual revenue

annually (kg/bg) price per unit per product
Cabbage 30000 12.00 360 000.00
Beetroot 5000 50.00 250 000.00
Peas 500 48.00 24 000.00
Broccoli 2000 12.50 25 000.00
lettuce 2000 9.80 19 600.00
Green pepper 5000 40.00 200 000.00
Maize 500 170.00 85 000.00
Pumpkin 1000 39.80 39 800.00
Potato 10000 80.00 800 000.00
Onion 5000 45.00 225 000.00
Beans 500 120.00 60 000.00
Carrots 1000 77.00 77 000.00
Spinach 10000 8.00 80 000.00

TOTAL OF FORECASTED REVENUE 2 245 400.00

2
STRUCTURES

SITE DIMENSION

100m

175m
145m

210m

Proposed Vegetable structure

3.2m

3m

11m
7m
Proposed Interior wall veg. shelves/ racks