Livestock Wealth is a South African-based crowdfunding company that focuses on funding for cattle. The company connects investors with farmers that require funding by using cattle as a form of investment. For example, options include the purchase of grass fed beef cattle; a pregnant cow, a calf or the shared purchase of a calf.[1][2]
| Company type | Private company |
|---|---|
| Industry | Financial services |
| Founded | 2015 |
| Founder | Ntuthuko Shezi |
| Headquarters | , |
Key people | Ntuthuko Shezi (CEO), Ken Robinson (Advisory Board) |
| Products | Livestock investment |
| Website | www |
The company is headquartered in Johannesburg and has a number of farms in their portfolio based in Free State and KwaZulu Natal.[3] Investors can access the investment platform through a mobile app utilizing 5G and AI technology developed in conjunction with Chinese mobile phone company Huawei.[4]
History
editLivestock Wealth was founded in 2015 by Ntuthuko Shezi who is still the CEO.[3][5]
In 2017 Livestock Wealth won the South African Breweries Foundation Social Innovation award cabled by R1.3 million.[6]
References
edit- ^ Scott, Katy (May 2017). "Cash cows: Why investors are buying pregnant cattle". CNN.
- ^ "Buying the cow: Global investors take interest in South Africa's literal stock market". Retrieved August 16, 2018.
- ^ a b Steyn, Lisa (10 June 2016). "The next big investment opportunity? Cows could outperform the JSE". Retrieved August 16, 2018.
- ^ Bridgwater, Adrian. "Huawei: The Road To 5G Is Paved With AI". Forbes. Retrieved August 16, 2018.
- ^ Burke, Jason (29 July 2016). "13m cows, one app: the city slickers selling cattle via 'crowd-farming'". the Guardian. Retrieved August 16, 2018.
- ^ "SAB Foundation awards over R9m to small social enterprises". www.bizcommunity.com. Retrieved August 16, 2018.
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