Land Bank wants to split in two so that it can repay debt

Posted in: Intellidex in the media on Aug 26, 2021

The Land Bank’s turnaround plan is positive but depends on the fast-tracking of a pledged R7bn government bailout, says Peter Attard Montalto, director at Intellidex. Creditors have been deeply frustrated by the entire process in being offered unworkable solutions at every step. We should have been here a year ago already.

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