FARM SELLING FOR E5M TODAY

 MBABANE – Business persons, investors and entrepreneurs who wish to venture into farming have been presented with an opportunity to own a farm.

The farm, which has been demarcated into two sections measuring 153 hectares and 53 hectares respectively, has been put up for sale for a reserve price of E5 million. The auction will be conducted at the High Court today starting from 11:30 am by Deputy Sheriff Nkosingphile Dlamini.      

In the invitation announcing the sale of the farm located at Mhlosheni in Nhlangano, it has been mentioned that the farm has a four bedroom house, feedlot, dam irrigation system, workshop, a two bedroom house and is fully fenced with a river passing across it.  It has been explained that the farm is ideal for cattle, goat, sheep and pig farming or any other business which may be deemed fit by the eventual owner. Other business ventures that could be undertaken at the farm include maize, nuts, beans and vegetable farming.

While the business opportunity exists and has massive potential to attract the desired economic benefits, it should be noted that it has been proposed that farm owners who intend selling their farms could soon be legally obligated to give dwellers, Swazi Nation Land (SNL) chiefdoms or government first right to make an offer to purchase that farm through a fund.

This is contained in the Farm Dwellers Control (Amendment) Bill of 2017 that has been gazetted. It should, however, be noted that while preference will be given to dwellers, the dwellers or group of farm dwellers will also be expected to cooperate and move to an off-site development consequent to a final decision of a tribunal, court of law or the fund as guided by the fund regulations.

Under the section outlining procedure for the sale or purchase of a farm, it has been precisely stated that: “Where a farm is put up for sale the owner will, in writing, give the farm dwellers residing in the farm, the first right to purchase the portion upon which they reside.

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