Land Bank – The European Union Times ⚡ Shocking Hidden News Reports ⚡ https://www.eutimes.net We deliver exclusive hidden news that you won't just find anywhere, information that nobody wants you to know about. Updated 1 minute ago. Wed, 22 Aug 2018 17:40:09 +0000 en-GB hourly 1 https://wordpress.org/?v=6.4.3 South Africa’s land expropriation could trigger default, warns agricultural bank https://www.eutimes.net/2018/08/south-africas-land-expropriation-could-trigger-default-warns-agricultural-bank/ https://www.eutimes.net/2018/08/south-africas-land-expropriation-could-trigger-default-warns-agricultural-bank/#respond Wed, 22 Aug 2018 17:40:08 +0000 http://www.eutimes.net/?p=51789 Seizing privately-owned land without compensation could be costly for the South African economy. The government would be forced to bail out banks as farmers stop investing and paying off debts, warns state-owned Land Bank. The government’s new decree on land reform could trigger defaults that would cost the economy 41 billion rand ($2.8 billion) if […]

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