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Land Bank’s default risks financial devastation for agriculture

Land Bank has warned holders of debt amounting to R50 billion that it is in danger of defaulting. The repayments in question are for...

Land Bank-wanbetaling kan lei tot finansiële verderf van die landbousektor

Die Land Bank het krediteure ter waarde van R50 miljard gewaarsku oor die risiko van wanprestasie. Die tersaaklike terugbetalings is vir sy lopende kredietfasiliteit....

Moody’s investor service downgrades Land Bank

Moody’s highlighted elevated credit risks (NPLs), declining capital, low earnings generating capacity (NII), challenging operating environment (environmental challenges such as drought), and...

Afgradering van die Land Bank ‘n reuse terugslag

Agri SA bevraagteken die stand van korporatiewe bestuur van die Land Bank wat tot die afgradering by hierdie instansie gelei het. Moody’s...

Moody’s downgrade of the Land Bank, a big agricultural setback

Agri SA questions the state of corporate governance at the Land Bank. Moody’s downgrade of the Land Bank is evidence of an...

Local nut production continues to increase

South Africa’s diverse climatic conditions are suited to the production of most nuts, including groundnuts (peanuts) and tree nuts. Macadamia and pecan nuts are...

NERPO applauds minister’s message of hope for farmers

The National Emergent Red Meat Producers’ Organisation (NERPO), a leading black farmer’s organisation in South Africa, has applauded a message of hope...

Afgri platform to grow grain storage capacity

Afgri Group Holdings (AGH) recently announced the creation of a strategic grain storage platform vehicle, in collaboration with a consortium of leading South African...

Modern finance platform launched for fruit and wine industries

A common dilemma for many South African agripreneurs is where to find funding to become fully-fledged commercial entities. Now, the South African deciduous fruit...

Land Bank welcomes board changes

Following the approval by the Minister of Finance, the Land and Agricultural Development Bank of South Africa (Land Bank) has welcomed recent appointments to...