Acsa, Land Bank join queue for cash

24 May 2020 - 05:09 By HILARY JOFFE

Finance minister Tito Mboweni could come under new pressure to shift money to struggling state-owned enterprises (SOEs) ahead of his revised budget next month, with the Land Bank and Airports Company of SA (Acsa) putting out the begging bowl as SA's fiscal position grows ever more dire.

Treasury officials told parliament this week the Land Bank, which defaulted on its debt last month, had asked for a R22bn capital injection earlier this year...

This article is reserved for Sunday Times subscribers.

A subscription gives you full digital access to all Sunday Times content.

Already subscribed? Simply sign in below.

Registered on the BusinessLIVE, Business Day or Financial Mail websites? Sign in with the same details.

Questions or problems? Email or call 0860 52 52 00.