After the war, Farewell entered the merchant marine, commanding merchant vessels on the South American and Indian trade routes. In 1820, Farewell arrived in Cape Town in the Cape Colony as the managing owner of the merchant vessel ″Frances Charlotte". In 1822, he married Elizabeth Caterina Schmidt, the step-daughter of a Cape Town merchant. In 1823, Farewell was a partner in The Farewell Trading company, which aimed to establish an ivory trade in Natal. In June 1823, Farewell sailed aboard the brig ″Salisbury" as part of the company's first expedition to Natal. Farewell almost drowned in the surf when a landing attempt was made at St. Lucia, but was rescued by a native interpreter. After five weeks at St. Lucia, the expedition headed to Algoa Bay to replenish supplies before heading on to Port Natal, where it was determined a settlement could be established. Farewell returned to Port Natal in 1824 with a small group of thirty settlers—twenty Boers and ten Englishmen. Farewell also had employed three Khoikhoi servants, and he owned one of the settlement's two support ships, the sloop ″Julia". In late 1824, Farewell asked for Shaka's permission to establish a trading post in Natal. Shaka agreed, and Farewell established Port Natal as a place for ships travelling to India to stop at, and also for Farewell to trade with the Zulus for ivory.
Death
In 1829 Farewell set out for Natal from Port Elizabeth, heading overland with a wagon train loaded with two and a half tons of beads for trade with the Zulus, who were now led by King Dingane, Shaka's half-brother and a plotter in Shaka's assassination the year before. Farewell was accompanied by Thackwray, a trader, and Walker, a naturalist. When Farewell's wagon train reached the vicinity of the kraal of Qwabe chief Nqetho, he halted the wagon train and set off to visit the chief accompanied by Thackwray, Walker, and eight Zulu and Khoikhoi servants, leaving fellow Port Natal settler John Cane in charge of the wagons. After being received with "apparent kindness" by Nqetho, Farewell, Thackwray, and Walker set up camp outside the kraal while their servants slept in huts located in the kraal. Before they retired for the night, the servants informed Farewell that Nqetho was not to be trusted, and that the atmosphere inside the kraal was tense, but Farewell ignored them. During the night, Lynx, one of Farewell's servants, slipped out of the kraal to warn Farewell that Nqetho was plotting the deaths of Farewell and his party. Instead of heeding Lynx's warning, Farewell called Lynx a coward and went back to sleep. Just before dawn, Qwabe warriors approached Farewell's tent, cut its ropes, and stabbed Farewell and his comrades through the canvas, killing all three of them. Lynx, who had armed himself with a musket and was keeping watch, kicked his companions awake upon hearing the assault on Farewell's tent and led them from the kraal. Only Lynx and two others survived to reach the wagon train, but Lynx killed three of their pursuers despite being wounded several times. Lynx informed Cane of Farewell's fate, and Cane promptly led the rest of the servants into the bush to elude the Qwabe warriors who soon reached the train and ransacked the wagons, killing all the horses and oxen and taking all of the beads. Cane returned to Grahamstown to reequip, bringing Farewell's ill-fated overland journey to a close.