Gerhard Kotzé, MD of the RealNet estate agency group, says that while the real estate sector is currently performing very well in spite of the major contraction in the economy this year.

Monday, 01 September 2003 02:00

Land Bank takes a R1.8bn knock.

Land Bank had taken a R1.8 billion knock on the chin for bad debt provisions that had pushed the bank into a R1.5 billion loss for the 15-month period under review, it said yesterday.

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