While cattle have long been considered a source of wealth for many South Africans, investors are now choosing to buy into livestock directly.<\/p>\n
Reuters<\/a> <\/strong>reports that mobile app, Livestock Wealth<\/a><\/strong>, allows users to buy shares in a cow from their mobile phone starting at R576.<\/p>\n In addition to buying shares, users can also buy their own cows and calves or shares in a pregnant cow or young calf.<\/p>\n A pregnant cow costs R18,730 and takes 12 months before the newborn calf can be sold for a return, while investing in a calf costs R11,529 and takes six months for it to grow enough to be sold.<\/p>\n Individually, a six to eight-month old calf, which is sourced from preferred farmers, is raised at the farm until it reaches a mature age of 30 \u2013 33 months, after which it is slaughtered to produce high value free-range, hormone-free, grass-fed beef.<\/p>\n The meat is sold online, or through bulk wholesale to niche export markets, and the owner \u2013 or investor if you will \u2013 makes a return of between and 10% p.a. and 15% p.a. from the sale of the meat.<\/p>\n Livestock Wealth is not the only South African app which allows you to invest in alternative and unique investments.<\/p>\n In 2018 financial services provider, FedGroup<\/a><\/strong>, released an app which allows users to generate an income by owning assets in various farming ventures.<\/p>\n At launch, the choice of assets included blueberry bushes, beehives where sustainable honey is produced, and urban solar farms that generate electricity.<\/p>\n
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