Shuthuka

Shuthuka is an established Macadamia farming operation in KwaZulu-Natal, South Africa.

ZAR
5329000
raised
of
ZAR
10000000
goal
days to go
Minimum target:
ZAR 5,329,000
This campaign was successfully funded, and is closed for further investments

Overview

campaign deal type

Equity

available equity

11%

price per share

ZAR 1,000

3500

available shares

investment term

6 years

targeted return

4x

targeted rate of return

31%

Raised

5329000

Investors

27

Targeted Return

4x

Business valuation

ZAR 30,860,000

The Problem

Shuthuka Situated in Kwa Dukuza, Kwa-Zulu Natal - Shuthuka Flagship Farm is an established Macadamia nut farm. The farm spans 208 hectares of which 140 hectares are currently planted with 43 680 Macadamia nut trees (312 trees per hectare).

Shuthuka Flagship Farm has developed a well-managed diversified (from sugar cane) operation to Macadamia farming where the latest in “Best Practice farming” is used as well as aiding potential & current Shuthuka emerging farmers with education and training. The farm currently employs 25 people for the local surrounding community – this number is expected to grow significantly when the first crop is harvested in 2025.

The farm is wholly owned by Shuthuka Holdings – who currently manages all operations of the Macadamia nut farm directly or through one of its subsidiaries. Shuthuka Holdings is specialist service provider in the agricultural and agri-processing space with its core expertise across the whole agri-value chain. Boasting over 100 years of commercial farming experience, they have engaged and managed the value chain of major agricultural businesses across the SADC region.

The Solution

Shuthuka Agri, the consulting arm of Shuthuka Holdings facilitates the farming operations on behalf of previously disadvantaged communities. Accepting the responsibility of overseeing and managing operations in partnership with the landowners and communities with all day-to-day management, technical and financial skills as well as market guidance ensuring that true transformation through real skills transfer by generating years of practical skills.

The harvested Macadamia nuts will be processed for exportation through an off-take agreement with “Nutcracker Processors” – a subsidiary of Shuthuka Holdings. Nutcracker Processors will handle both the processing of the product and exporting the kernel to international markets through “African Trade Platform” which is a sister company to Shuthuka and Nutcracker Processors. Shuthuka leverages from its expertise, holistic service offering and extensive experience to implement effective agric solutions.

Warwick Blamey
Director

Warwick holds a B.Com in Marketing Management from UNISA and an MBA in Finance from Edinburgh Business School’s. Warwick’s expertise is primarily focused on investments into agriculture, manufacturing, engineering, and services industries where he has been involved in various projects over the past decade. Warwick leads the project management team, articulating strategic decisions with the support of his team. Warwick has an in-depth understanding of success triggers for most SMME’s and quickly picks up on strengths and weaknesses allowing the team to harness in on potential risks while enabling the entrepreneur to take full advantage of the opportunities at hand.

The Team

Documents

Exec Summary
Financial forecast
Business plan
3mb
Download
Exec Summary
Financial forecast
Business plan
109kb
Download
Exec Summary
Financial forecast
Business plan
790kb
Download

Raised

ZAR

5329000

Targeted Return

4x

Business valuation

ZAR 30,860,000

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