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Land Bank

Land Bank is a South African State-owned development finance institution that provides financial services to the commercial farming sector and agricultural value chain. Established in 1912, it operates under the Land and Agricultural Development Bank Act and reports to the Minister of Agriculture, Land Reform and Rural Development. The bank's mandate is to support agricultural development by extending credit, promoting land reform and facilitating access to finance for emerging and commercial farmers. It offers a range of products including production loans, term loans, structured finance and developmental finance aimed at transforming the agricultural sector. Land Bank plays a critical role in funding South Africa's food security and rural economic development. The institution has historically been the largest provider of credit to the agricultural sector in the country. In recent years, the bank has faced significant financial challenges, including liquidity constraints and defaults on debt obligations, prompting government intervention and restructuring efforts. Its operations and financial health are closely watched given the strategic importance of agriculture to the South African economy and the bank's role in supporting both established and emerging farmers.

Land Bank Updates


DBSA chief economist Zeph Nhleko
Opinion: Defining the low investment, low economic growth challenge in South Africa
29th May 2026

In this article by Development Bank of Southern Africa (DBSA) chief economist and group executive Zeph Nhleko, he highlights infrastructure investment as the central lever to break South Africa’s... 


Cattle on a farm
Agriculture sector should benefit from wider macroeconomic, fiscus improvements
25th February 2026 By: Marleny Arnoldi

The agriculture and rural development sector has been allocated R39.5-billion of dedicated government spending in 2026/27, as part of National Treasury’s R283-billion economic development budget... 


Land Bank appoints Jabu Mphambo acting CEO
17th February 2026 By: Schalk Burger

Agricultural development finance institution the Land and Agricultural Development Bank of South Africa (Land Bank) has appointed Jabu Mphambo as acting CEO, with immediate effect. This is to... 


Themba Rikhotso resigns as Land Bank CEO
9th February 2026 By: Schalk Burger

Themba Rikhotso has resigned as CEO of agricultural development financier the Land Bank, with effect from April 30, to take up a post at another South African banking institution, the Land Bank... 


Avocado farm
Agri SA warns some incoming policy, law changes are impracticable
30th January 2026 By: Marleny Arnoldi

As government advances various pieces of legislation and policy on land, labour, natural resources, rural safety and trade, industry body Agri SA calls in its ‘2026 Policy Outlook’ for a renewed... 


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