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KM Financial Solutions | UPDATE 1-South Africa’s Land Bank says land expropriation could trigger default
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UPDATE 1-South Africa’s Land Bank says land expropriation could trigger default

19 Aug UPDATE 1-South Africa’s Land Bank says land expropriation could trigger default

Posted at 19:01h in News by
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South Africa’s state-owned
Land Bank said on Monday a plan to allow the state to seize land
without compensation could trigger defaults that could cost the
government 41 billion rand ($2.8 billion) if the bank’s rights
as a creditor are not protected.

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