Loan ranger: Roux Shabangu banked on connections
Prior to the R1.7-billion police headquarters leasing scandal, developer Roux Shabangu was a major beneficiary of "irregular" Land Bank loans.
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Roux Shabangu and the Land Bank loot
The businessman who stands to make a fortune from controversial leasing deals with the police is himself the target of a police investigation.
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Land Bank denies new moratorium
The Land Bank on Tuesday denied it has placed a new moratorium on collecting debt arrears from emerging farmers.
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DA accuses Land Bank of wasteful expenditure
The Land Bank has lost R16,5-million through fruitless and wasteful expenditure in the last financial year, the Democratic Alliance said on Friday.
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Tight market conditions add to Land Bank problems
The problems facing the Land Bank have been exacerbated by tight local market conditions, the bank said in its annual report on Monday.
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Land Bank plans to repossess hundreds of farms
The Land Bank has instituted legal action against 557 land owners, half of them emerging farmers, for failing to repay their loans.
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Minister approves R3,5bn injection for Land Bank
Finance Minister Pravin Gordhan has approved R3,5-billion for the recapitalisation of the Land Bank, the bank said on Wednesday.
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Land Bank chief's vanishing act
Sacked Land Bank chief Phil Mohlahlane was involved in an extraordinary property deal involving R2.7m, but has failed to follow through on the deal.
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Mohlahlane lands R1,1m default judgement
The Land Bank's former acting chief executive, Phil Mohlahlane, was fired from the Department of Agriculture last week.
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Land Bank head in new probe
Newly appointed Director General of Agriculture, Njabulo Nduli, is understood to be leading the charge against Mohlahlane.
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