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بهترین سایت شرط بندی ایرانی
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Global Statistics

All countries
695,781,740
Confirmed
Updated on September 26, 2023 9:04 pm
All countries
627,110,498
Recovered
Updated on September 26, 2023 9:04 pm
All countries
6,919,573
Deaths
Updated on September 26, 2023 9:04 pm

Global Statistics

All countries
695,781,740
Confirmed
Updated on September 26, 2023 9:04 pm
All countries
627,110,498
Recovered
Updated on September 26, 2023 9:04 pm
All countries
6,919,573
Deaths
Updated on September 26, 2023 9:04 pm

Land Bank can’t make interest payments in July | Fin24

City of Cape Town urges people to leave Kataza the baboon alone

Kataza the baboon. Facebook / Baboon Matters The City of Cape Town has asked the public not to feed a baboon that has relocated to Tokai. The baboon, known as Kataza or SK11, is slowly being integrated into the Tokai troop. Video footage, however, shows humans feeding Kataza. The City of Cape Town has requested that Kataza…

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42 people in court for R56m police vehicle branding scam

Forty-two people have been implicated in a police car branding scam. Forty-two people have been arrested for their alleged involvement in a police vehicle branding scam. They face a range of charges including corruption, fraud, money laundering, theft and perjury.Of these, 22 are serving police members.Forty-two people are set to appear in the Pretoria Magistrate's Court on…

Land Bank which gives loans to commercial and emerging farmers will  again not be able to make interest payments due between the on some of its debt.

Land Bank which gives loans to commercial and emerging farmers will again not be able to make interest payments due between the on some of its debt.

The Land Bank says it will not be able to make interest payments due in the remainder of July, raising a risk of default despite the National Treasury recently announcing in the June adjustment budget that the state-owned lender will get a R3 billion equity injection.

In a statement issued on the JSE stock exchange news service, the Land Bank said it is still experiencing liquidity challenges and can confirm that it will not be in a position to proceed with the interest payments on listed notes that fall due between 09 July and 31 July 2020.

“Such failure to pay will, subject to the terms of the 2010 Programme, constitute an event of default,” wrote the bank, which funds approximately 27% of agricultural debt in SA.

When Finance Minister, Tito Mboweni, announced on 24 June that the state will recapitalise the Land Bank, analysts were optimistic that this would help the bank avoid imminent defaults on its short-term debt. But the bank did say that the recapitalisation was going to be used to provide comfort to lenders that it will be able to service its repayment of liquidity facility that the bank has been trying to raise since June.

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City of Cape Town urges people to leave Kataza the baboon alone

Kataza the baboon. Facebook / Baboon Matters The City of Cape Town has asked the public not to feed a baboon that has relocated to Tokai. The baboon, known as Kataza or SK11, is slowly being integrated into the Tokai troop. Video footage, however, shows humans feeding Kataza. The City of Cape Town has requested that Kataza…

Rassie: There are various benefits for SA rugby to go north

As SA Rugby moves to determine which franchises will go to Europe in future, Rassie Erasmus has noted several potential benefits for the local game should that route be followed.The national director of rugby believes the high world rankings of Wales, Ireland and Scotland mean PRO Rugby is competitive and that fans will eventually identify…

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(John Finney Photography/Moment/Getty Images) An abnormally bad season of weather may have had a significant impact on the death toll from both World War I and the 1918 Spanish flu pandemic, according to new research, with many more lives being lost due to torrential rain and plummeting temperatures. Through a detailed analysis of an ice…

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