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Card image 07 November 2022 Daily Maverick

Land Bank shows promising turnaround signs, but faces long road to recovery

The state-owned lender is profitable again. The Land Bank is lending money to emerging and established farmers after suspending such activity for nearly two years. It has also started to repay money owed to lenders. But the Land Bank still faces smothering operational problems.

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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.