Home South Africa The SA Agricultural Finance Industry Gains an Ally

The SA Agricultural Finance Industry Gains an Ally

Tony Cotterell and Johan Nieuwoudt

Tony Cotterell and Johan Nieuwoudt

After 40 years of commitment to the Land Bank; Johan Nieuwoudt will be joining forces with the Kempston Group in the Eastern Cape. Previously well known as the ‘Area Manager’ for the famous bank, Johan has experience in all aspects of agricultural finance.  According to Nieuwoudt he was previously the conveyancer for the Eastern Cape, where he executed deeds in the King Williams Town and Mthatha deeds registries for the Bank.

The Kempston Group ventured into the agricultural finance industry 8 months ago and the department has since grown. With the assistance of Nieuwoudt, the agricultural movable asset portfolio within the Kempston group will be well looked after. According the Nieuwoudt such the company is looking attract blue-chip clients with a healthy nett asset value, good repayment ability and a healthy debt ratio to mitigate the groups risk.

Nieuwoudt’s career began at the age of 17 in the Mother City, where he studied through the Land Bank and soon after started his working career in Gauteng. After 5 years years of employment in Gauteng, 8 years in the Northern Cape and 2 years in the Eastern Free State, Nieuwoudt transferred to East London as the banks conveyancer for the Eastern Cape.

Shortly after his big move to the wild coastline of the Eastern Cape, the company appointed Nieuwoudt as their Area Manager and now an asset to the Kempston Groups Agricultural Finance division.

” The staff at Kempston Finance have made the transition from corporate to a family operated Group as smooth as can be and it feels as though I have been with the Group for a year already. If the first two months is an indication of things to come, then be assured that the already successful Kempston Finance division will become even more successful” shares Nieuwoudt.

The Agricultural Finance division of the Kempston Group look to become the preferred agricultural moveable asset finance entity for  farmers in South Africa.