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The First Factoring Company of Zimbabwe (FFCZ) has entered into a partnership with the Venture Capital Company of Zimbabwe (VCCZ) in a move expected to inject new financial products into the market. Under the deal VCCZ injected equity capital into...
Not enough small- and medium-sized enterprises (SMEs) are using debtor finance to improve cash flows and grow their businesses, according…
#bank#financial institution#international
Zimbabwe's economy at the moment finds itself in unprecedented macroeconomic difficulties. There is an acute shortage of foreign currency, inflation…
#interest rates#international#International Trade
Prime lending rates are set to hit a 17-year low of 12 per cent after the South African Reserve Bank…
Small- and medium-sized enterprises (SMEs) are key to African development, South African Reserve Bank (SARB) governor Tito Mboweni said in…
#bank#conference#small businesses
Despite adverse conditions in the global business environment, SA's largest credit insurance and reinsurance company, Credit Guarantee, managed to produce…
One of SA's top ferrochrome exporters has found itself in trouble after failing to secure payment for an export deal…
WesBank, the vehicle and movable equipment financier, yesterday launched "job creation finance", an interest rebate based finance scheme aimed at…
#interest rates#Jobs#smes
Underdeveloped enterprises, culture, regulatory regimes that are difficult and costly to comply with are some of the constraints facing small-…
Barclays Bank has launched a new product for small-scale local businesses. The bank, previously known for dealing with large corporates,…
#bank#cash-flow#management
The Export Credit Guarantee Corporation of Zimbabwe (Pvt) Ltd (ECGC) says it is enhancing its credit operations at a time…
#bank#exporters#guarantees
The South African Reserve Bank's Monetary Policy Committee (MPC) on Wednesday (10 September) announced a 100 basis-point (bps) cut in…
#bank#interest rates#international
Interest in small- and medium-size enterprises (SMEs) by donors, including the World Bank Group, is increasing in Tanzania, the Financial…