Latest News & Developments
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South African farm property values remain steady: no declines over the past five years
Farm properties are considered long-term assets with relatively stable values, unlike the more volatile nature of commodities.
Opinion: Impact of lower repo rate on South Africa's agricultural sector
Explore how the SARB's recent repo rate cut to 7. 75% is set to impact South Africa's economy and agricultural sector amidst declining inflation.
Agricultural sector can breathe easier after Land Bank inks deal with lenders
The state-owned entity’s focus now shifts to the execution of its turnaround strategy, supported by a new operating model and a streamlined organisational structure.
Lifeline for Land Bank to fulfil its development, transformation mandate
The bank had to halt lending to farmers, after it defaulted on debt of R40bn, in April 2020 when it encountered liquidity challenges.
DA vows to oppose Minister Mzwanele Nyhontso’s push to scrap Section 25 of the Constitution
The DA says the claim that Section 25 is a barrier to land reform is not true, as in its current form, it makes sufficient provisions for just and equitable land reform to proceed.
The coming citrus season: Impacts of EU regulations on SA’s orange exports
As the start of southern Africa’s citrus harvest nears, the ripple effects of the EU’s false codling moth requirements will soon be evident.
SA olive oil industry has strong prospects, says Land Bank analyst
Given that the production of olives and olive oil is labour intensive, the development of the industry has the potential to create much-needed jobs throughout the value chain and reduce poverty in communities in which farming and processing takes place.
Farm productivity and land value in SA - Land Bank
Farmers must perform due diligence to ensure that the land's value is congruent with its ability to yield returns.
It is time for a state bank ‘to serve the masses’
OPINION: A state bank – which we now know is going to be the Postbank – at least to begin with, can help stimulate meaningful economic growth in the country, writes Trevor Ngwane.
Sars picking up crumbs from the cannabis table instead of pie
Hemp4life CEO Ben Sassman detailed the zero lack of funding for farming and processing of the industry to regulatory bottlenecks from the expensive water licence to stringent laws that make it illegal still to trade in hemp and cannabis products in the country.
Land Bank: Challenges persist as new opportunities emerge for SA agriculture
The agricultural sector's resilience is being tested, and it is important the strength and tenacity of South African farmers – and the support provided by financial institutions such as the Land Bank – continue to ensure food security for the nation.
Agricultural growth prospects in the year ahead
In the past year, the food security situation in South Africa has been affected by both access and affordability.
Diamond Circle widens circle of financial independence with Durban Masterclass
The Durban event comes after similar ones were hosted in Mpumalanga and Gauteng.
Challenges in agriculture sector - such as diseases and floods - weigh on GDP
The agriculture sector was the largest negative contributor to GDP growth in the first quarter, subtracting 0. 4 of a percentage point from GDP growth.
Standard Chartered Bank admits to manipulation of the rand
The commission announced on Wednesday that it had entered into a settlement agreement with Standard Chartered, which “admitted liability” and agreed to pay an administrative penalty of R42. 7m.
Agoa is a game-changer for South African agriculture
Agoa has been a game-changer for South African agriculture, and its ongoing success is not only important, but essential for our farming community.
Land Bank set to foster rural development and unlock opportunities for agriculture
As South Africa embarks on the 2023/24 agricultural season, a multifaceted landscape of challenges and opportunities is unfolding within the farming sector.
Land Bank and Treasury working to find liability solution
The National Treasury has told Parliament that it’s working with the Land Bank to complete what could be the final version of the liability solution with the bank’s lenders in a bid to cure its default position.
Trustworthy: Are you pulling your weight as a trustee?
Traditionally, people in a willy-nilly fashion accepted trusteeship, whether it was as a friend or as their client’s accountant, attorney or financial adviser. However, generally speaking, and specifically after the recent legislation changes, one must carefully consider their appointment as trustee of a trust. If you are not in a position or prepared to be actively involved in the management and administration of the trust, you should rather decline acting as trustee or resign if you have been appointed as one.