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Sale-leaseback agreements not credit deals, rules Supreme Court in landmark case
The Supreme Court of Appeal has ruled in favour of a trust accused of disguising loan agreements as property sales, leaving homeowners without their properties despite claims they only intended to secure cash loans. The landmark ruling addresses whether sale-and-leaseback arrangements can legally circumvent credit regulations.
South Africa unlocks green finance potential with new taxonomy report
Currently, South Africa requires a minimum three to fivefold increase in climate finance, from an annual average of R131 billion, to meet its NDCs.