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Africa

South African Reserve Bank cuts key repo rate by...

The South African Reserve Bank's Monetary Policy Committee (MPC) on Wednesday (10 September) announced a 100 basis-point (bps) cut in the repo rate to 10 per cent at the conclusion of a special meeting in Pretoria. The SARB surprised the...

#bank#interest rates#international

World Bank spells out constraints to SME’s growth

Interest in small- and medium-size enterprises (SMEs) by donors, including the World Bank Group, is increasing in Tanzania, the Financial…


Government to address SMEs’ weak capital base

With insufficient capital investment in the financial market of Ghana’s economy, the government, through the Ministry of Finance and Economic…

#economy#financial institutions#funding


Alternative exchange adds new advisers for SMEs

The JSE Securities Exchange (JSE) has announced eight additional designated advisers for companies, especially small- and medium-sized enterprises (SMEs), wanting…


Key interest rates cut by 1%

The Reserve Bank said on Thursday (14 August) it was cutting its key repo rate by 100 basis points to…

#bank#banks#inflation


Draft Financial Reporting Bill is good news for SMEs

Small companies (with “(Pty) Ltd” after their names) may in future be allowed to present simplified, more easily prepared accounts,…


Cashflow is the bugbear for growing SMEs

One of the most significant challenges for small- and medium-size enterprises (SMEs) is the two-fold problem of access to investment…


JSE names Investec as adviser on SMEs to list...

The JSE Securities Exchange South Africa (JSE) has announced that Investec Corporate Finance will be the first adviser to select…

#Investec#management#security


Mobile operator raises US$530m including credit insurance provided by...

Cell C had raised $530 million (about R4.2 billion) to expand its network through a project finance deal arranged by…

#bank#SACE#trade


Johannesburg Securities Exchange to target listing of small- to...

The Johannesburg Securities Exchange (JSE) yesterday moved to promote black-owned companies by announcing plans to launch Africa's first alternative exchange…

#Boost#economy#smes


Moves to educate business managers and financial advisers on...

Roger Herbert, executive in charge of the Banking Council's debtor financing committee, says the industry is working to educate financial…


Zimbabwean factor planning cross-border expansion; seeks external investor

Life in Zimbabwe is increasingly difficult due to the catastrophic economic difficulties, not only on a personal level but also…

Small business credit scoring service launched

Kreditinform has, with Experian Scorex, introduced a new credit-scoring system for small- and medium-sizes enterprises (SMEs) to be known as…

#credit scoring#risk#small business

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