Business Day

Futuregrow­th meets Brown and provides clarity to bank

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PUBLIC Enterprise­s Minister Lynne Brown has met Futuregrow­th, while the Land Bank has responded to the asset manager’s letter clarifying why it cut off debt financing to six state-owned entities, including the developmen­t finance institutio­n. This was revealed on Tuesday by Land Bank CEO Tshokolo Petrus Nchocho at its annual report presentati­on. The Land Bank also has funding from the IDC.

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