What next for the embattled Land Bank?
Creditors could demand immediate repayment of R13.4bn, and that is money the Land Bank does not have
24 April 2020 - 11:34
The Land Bank, a state-owned enterprise, that extends a large proportion of credit to commercial and emerging farmers, announced on Friday morning that it will be advising note holders that it has formally defaulted on its obligations.
So what does that mean and what happens next?..
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