AGRICULTURE NEWS - South Africa is deeply indebted and economic growth is expected to contract even more than initially anticipated.
This bleak outlook was presented to South Africans by Finance Minister Tito Mboweni when he tabled the Medium-Term Budget Policy Statement (MTBPS) in Parliament on Wednesday, 28 October.
Mboweni announced in his speech that the R3 billion that was allocated to the Land Bank in June would be supplemented with an additional allocation of R7 billion over the medium term to support the bank’s restructuring.
Read the full article here on the Caxton publication, Farmer's Weekly
