Dear Friends of Shared Interest,
During the coming months, while continuing to guarantee micro-finance and low-cost housing initiatives, Shared Interest and its partner, Thembani, are turning increasing attention to a black farmers seeking our guarantees. Their projects are important not only to our work but to the success of South Africa’s transition to economic democracy. Although agriculture only constitutes 3.8% of South Africa’s gross domestic product, it utilizes most of the country’s land, and engages the labor power of 20 million of the country’s most impoverished people. The government hopes to meet its 2008 deadline for completing land restitution. Gauteng Province has fewer than 100 remaining claims, while the most challenged province, KwaZulu-Natal, has 1,700. continued…
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