New proposal causes Land Bank to miss debt restructuring deadline
However, the bank says it will meet a deadline to repay Standard & Chartered R400m by April 1
31 March 2021 - 10:00
The Land Bank, which is involved in a debt restructuring process after a 2020 default, has missed the March 31 deadline to reach a solution with lenders.
But it will meet a deadline to repay Standard Chartered R400m by April 1, it said...