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Card image 21 April 2020 Daily Maverick

Another SoE tale of woe: Land Bank defaults on loan

South Africa’s state-run Land Bank, which primarily lends to the agricultural sector, has defaulted on a loan and says it has a ‘liquidity shortfall’. It is yet another SoE tale of woe.

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A project of Phuhlisani NPC supported by Absa. This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike. International License.