AFGRI’s GroCapital releases financial App for agricultural sector

26 August 2015 – Centurion – GroCapital, part of agricultural giant AFGRI, and a provider of specialised financial solutions to the agric sector, has announced the launch of a new App that can be downloaded from the Google Play Store and iTunes for Android and iOS smartphones respectively. The App, called “GroCapital Trader”, will enable users to access local and international commodity prices, as well as various currency rates. Once the user is registered he or she will also be able to call a dealer directly from the App.

“Apps such as these are essential to our clients, the majority of who are well-informed businesspeople who like to be up to date with market price movements at any given time of the day or night, and this App meets this need,” says Praveen Dwarika, head of GroCapital.

Whilst any user can register to use / download the free App, commodity and currency prices will be delayed by between 10 and 20 minutes. However, if a user is a client of GroCapital’s, they will have full access to live data when they have registered.

Clients will need to complete a form to access the live data. “Once this is done, an additional username and password will be issued to them, which will give them full access.”

Currently around 500 downloads of the App have been recorded. ““The idea was to simplify the transaction process for GroCapital’s clients, allowing them to follow the commodity and currency markets, phone their dealer and transact immediately.”

Dwarika adds that although the App can be used by the general public, there is a slight delay on the prices for non-registered users.

“So far the reaction from clients has been extremely positive, and we’re confident that use of the App will continue to grow, given the convenience it offers users.”


Contact:                               Praveen Dwarika, Managing Director: GroCapital

Tel:                                         011-063-2454



Account:                              Keyter Rech Investor Solutions

Contact:                               Vanessa Rech                                                    Lynne Bothma

Tel:                                         087-351-3814 or 083-307-5600                    087-351-3815 or 082-920-4395

Date:                                     26 August 2015