Expropriation of land without compensation could bankrupt the Land Bank, one of the few state-owned enterprises that is not a drain on the country’s finances, and trigger a potential R41bn bailout from the government. These potential "grim consequences" of a poorly executed land reform policy were set out by Land Bank chair Arthur Moloto after the publication of the lender’s 2018 annual report on Monday. If you are already a subscriber, please click on the following link below to go to the full article: Expropriation could bankrupt Land Bank If you would like to subscribe to BusinessLIVE Premium to read the full story, please click here  thompsonw@businesslive.co.za

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.