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Six key SOEs (and many others) have missed a key deadli...

Published: February 9, 2022

The offending entities include the South African Post Office, Land Bank, Denel, state-owned airlines SAA and SA Express, and Armscor (the procurement agency for the department of defence). They have all missed a 20 September 2021 deadline to unveil their financial affairs in Parliament.

Source: dailymaverick.co.za

Land Bank CEO, top exec quit as debt solution hangs in the balance

Published: February 8, 2022

The Land Bank, which defaulted on its debt nearly two years ago, has still not agreed how lenders will be compensated. Two top executives have now departed in the wake of a new board's appointment.

Source: news24.com

Land Bank seeks to exit default by end-March

Published: February 8, 2022

Government has committed R7bn in support.

Source: moneyweb.co.za