EDITORIAL: Land Bank debacle points to failures of the state
Left rudderless for too long, the company is now in a sorry state
24 April 2020 - 05:10
The last thing President Cyril Ramaphosa needs right now is for another state-owned company to hold out a begging bowl.
Unfortunately, the president might have to add Land Bank, whose debt is government-guaranteed to the tune of R5.7bn, to the list of companies from Eskom to SAA that survive on taxpayer money. ..
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