-
Recent Posts
- SA farmers brace for season of excessive rainfall
- SA’s unemployment rate falls to 31.9%
- Limpopo farmers say livestock theft spiralling out of control
- Cape Town’s dam levels drop slightly as winter rains subside
- New Foot-and-Mouth Disease cases confirmed in the Free State
- Treasury asked to not fund councils owing water boards
- Lower diesel price unlikely to ease pressure of food prices for hungry consumers
- Mahikeng residents take to streets over water issues
- Water department heralds securing $10 billion in funding for Africa
- Giwasa calls for strict price controls on essential food
- Petrol goes down, but diesel goes up from this week
- Household food basket stable, but price of meat eating into consumers’ budgets
-
Upcoming Events
There are no upcoming events.
Categories
Archives
@AugustusConsult
@AugustusConsult
Tag Archives: Land Bank
Land Bank defaults on loan obligation
FacebookTwitterLinkedinemailPrintWarren Thompson, Business Day, 20 April 2020 Land Bank, the state-owned specialist lender to commercial and emerging farmers, has skipped repayments on its revolving credit facility, triggering a default and potentially putting the government on the hook for as much … Continue reading
Moody’s slashes SA state-owned Land Bank’s credit rating to junk
FacebookTwitterLinkedinemailPrintBanele Ginindza, IOL Business Report, 22 January 2020 International ratings agency Moody’s yesterday slashed the Land Bank’s credit rating to junk, triggering fears that the country’s struggling agricultural industry could face more headwinds with some farmers going bankrupt. Read More
Land Bank acting CEO resigns
FacebookTwitterLinkedinemailPrintFin24, 15 January 2020 Acting CEO of the Land and Agricultural Development Bank of South Africa, Kone Gugushe, has resigned, the board announced on Wednesday morning. Read More
