Sobengwe Trading

In 2006 Themba Radebe and Peter Nixon approached Sappi with a request to purchase a 240 hectare timber farm on the outskirts of Ixopo. The property was purchased by Themba, in the name of his family owned company, Sobengwe Trading (Pty) Ltd. Loan finance was obtained from IDC, to purchase the property and capitalise the plantation. Additional finance, in the form of a grant, was obtained from the Department of Rural Development and Land Reform. Themba Radebe is the Managing Director of Sobengwe, and RFM provides business mentorship. Around 20 hectares of plantation are harvested annually and provided an additional income stream to the family Trust.