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Certain major retail chains in South Africa are implementing a 10 per cent of annual purchases as a warranty reserve , to cover their risks should the supplier be unable to meet its warranty support obligations, according to the Banking...
Delayed payment from government departments puts enormous financial strain on small businesses. (more…)
#invoice#late payment#management
CDC signs agreement with Standard Chartered to help boost trade finance for businesses in Africa and South Asia. (more…)
Gulf African Bank has signed a Sh100 million agreement with the African Guarantee Fund to support lending to Kenyan SMEs.…
#bank#international#management
Barclays's Absa hires JPMorgan's Barrass. (more…)
FBZ introduces construction fund to meet the needs of local road constructors. (more…)
#bank#guarantees#interest rates
The Public Protector has asked to assign billing fraud to a special category of criminal offences. (more…)
South African businesses' debt stress levels affected by weaker business confidence levels in the fourth quarter 2012, says new reports.…
#exports#trade
Kenya's I&M Bank has agreed a Sh100 million (US$1.1 million) deal with the African Guarantee Fund (AGF) to back up…
#African Development Bank#bank#guarantees
The global trade finance community has gone through a traumatic period over the past two years, as European banks have…
#African Development Bank#bank#exporters
Ecobank Transnational Incorporated to receive USD200 million injection in its trade finance program for corporates and SMEs in Africa. (more…)
#African Development Bank#bank#international
Standard Chartered bank has announced expansion of its SME offer. (more…)
The African Development Bank (AfDB) has offered lines of credit to two Nigerian institutions, worth US$700million, with the aim of…
#African Development Bank#bank#exports