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Banks, Land Expropriation, and Debt: Who Bears the Loss?
Published 1 year, 7 months ago
Description
Land expropriation without compensation (or at less than market value) has been a contentious issue in South Africa, particularly concerning its impact on landowners with secured debt. A key question arises: If your land is expropriated at less than market value while you still owe the bank or agribusiness, will they share in the loss?
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