The VKB Group is an innovative agricultural enterprise that has been dedicated to providing solutions for the changing needs of agricultural producers and stakeholders since its establishment in 1919. The group has an extensive network of 29 entities, with VKB Beleggings (Pty) Ltd as the holding company, and VKB Landbou (Pty) Ltd and VKB Agri Processors (Pty) Ltd as its subsidiaries. VKB Beleggings has a unique incentive model that rewards agricultural producers who are shareholders in the company. The model awards a substantial portion of each year's income from the agricultural business to VKB Landbou's stakeholders as incentive discounts. This incentive model has made VKB Group a preferred supplier in its service area.
Moreover, VKB Beleggings declares dividends annually from the profits generated by VKB Agri Processors Group and other agricultural entities. The group is also one of the major employers in rural Eastern Free State and rural Limpopo, providing employment opportunities to around 6,000 people. VKB Group is the cornerstone of the rural economy in the Eastern Free State, and as part of its good corporate citizenship, the group invests in initiatives and infrastructure that benefit the communities in which it operates.
As a former Farmers' Co-operative, VKB addresses the basic needs for agricultural inputs, mechanisation, handling, and marketing of grain, financing, and insurance. The company's primary strategy is to support producers to produce more efficiently and profitably by reducing their input costs and optimising the value of their products. VKB conducts its business activities throughout the Eastern Free State and Limpopo, as well as in parts of Mpumalanga, Gauteng, and KwaZulu-Natal. VKB Landbou's subsidiaries produce and supply packaging material, laboratory equipment, fertiliser, and fuel, and provide services such as insurance, a cold storage facility for potato seed, and an auction centre.
VKB Group has various departments, including Agricultural Development, Agricultural Management Services, Financing, Grain Marketing, Grain Silos, Input Trade, Irrigation, Mechanisation, Retail, Reitz Tyres, and VKB Seed. The company also has subsidiaries such as AE Solutions, Bethal Koelkamers, Crown Bag, Farmpack, Multi Green, VKB Auction Centre, VKB Brokers, VKB Fuels, and VKB Foods.