South African farmers are increasingly turning to commercial lenders to top up their working capital as the Land and Agricultural...
Land
The Land Bank is no longer able to accept new credit applications, nor pay a cent to any of its...
The struggling Land Bank is now asking some of its creditors for a R3 billion urgent loan to cover its...
The biggest lender to South African farmers appointed Rand Merchant Bank as financial adviser after it missed a loan repayment...
The Land Bank may be forced to rely on its creditors for the monetary lifeline it needs to stay afloat,...
Finance Minister Tito Mboweni has said the South African economy could contract as much as 6.4{e93887a69cdd95d753f466db084bbc3aa0067124675315461d28d68a72842cc2} this year due to...
The Land Bank, which last week defaulted on some of its R738 million debt due to mature before the end...
The Land Bank is anticipating that it might default on its debt due on Thursday if bondholders don't let it...
The Land Bank is in another financial pickle, with the state-owned lender facing the prospect of defaulting on its debt...
