[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Willem Petzer [@willempet](/creator/twitter/willempet) on x 48.5K followers Created: 2025-07-19 03:03:57 UTC Government Pension Fund hands R400M to another failed BEE farm, after already investing R1.7B: Once South Africa’s largest and most successful poultry farm, Daybreak Foods (then known as Afgri Pluimvee) was the biggest and most successful chicken farm in Africa. But after the Government Pension Fund spent R1.2 billion to hand it over to the BEE consortium AfPo, led by Kholofelo Maponya, everything changed. Under Maponya’s leadership, the farm was driven into the ground. By early this year, the Public Investment Corporation had already burned through R1.7 billion of workers’ pension money trying to "save" this failed project. Then, in May 2025, another R250 million was pumped in—yet the farm couldn’t even afford to feed its chickens. The result? A national scandal. The SPCA had to step in after thousands of starving chickens turned to cannibalism, with over XXXXXXX birds ultimately euthanised. The GEPF responded this week by, you guessed it, throwing another R150 million at this complete failure. This is how a world-class South African success story was destroyed—at YOUR expense. Watch the video for the full story: XXXXXX engagements  **Related Topics** [investment](/topic/investment) [Post Link](https://x.com/willempet/status/1946405623966421441)
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Willem Petzer @willempet on x 48.5K followers
Created: 2025-07-19 03:03:57 UTC
Government Pension Fund hands R400M to another failed BEE farm, after already investing R1.7B:
Once South Africa’s largest and most successful poultry farm, Daybreak Foods (then known as Afgri Pluimvee) was the biggest and most successful chicken farm in Africa. But after the Government Pension Fund spent R1.2 billion to hand it over to the BEE consortium AfPo, led by Kholofelo Maponya, everything changed.
Under Maponya’s leadership, the farm was driven into the ground. By early this year, the Public Investment Corporation had already burned through R1.7 billion of workers’ pension money trying to "save" this failed project. Then, in May 2025, another R250 million was pumped in—yet the farm couldn’t even afford to feed its chickens.
The result? A national scandal. The SPCA had to step in after thousands of starving chickens turned to cannibalism, with over XXXXXXX birds ultimately euthanised.
The GEPF responded this week by, you guessed it, throwing another R150 million at this complete failure. This is how a world-class South African success story was destroyed—at YOUR expense. Watch the video for the full story:
XXXXXX engagements
Related Topics investment