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Standard Chartered Bank has launched a small- and medium-sized enterprises (SMEs) division. It is expected to help the bank diversify and increase lending to SMEs."If there is a sector that will increase employment opportunities in a sustainable way, it will...
The Small Enterprise Development Corporation (Sedco) has, since 2002, distributed loans amounting to $949 million to over 1,557 borrowers under…
#GDP#smes#unemployment
The Standard Chartered Bank (StanChart) will this year put special emphasis on providing finance to small and medium scale enterprises…
Recent changes to the Companies Act could reduce the chances of creditors getting paid when debtors go into liquidation, Credit…
#guarantee#insurance#Paid
Shell Foundation, a United Kingdom registered charity funded by the Royal Dutch Shell Group of Companies, dfcu Leasing and Shell…
The African Trade Insurance Agency (ATI), the continent’s only pan-African, multilateral export credit and political risk agency, today announced that…
#insolvency#international#political risks
The African Banking Corporation (ABC) group is to invest an additional US$2million in its operations in Zambia because the country…
#economy#financial services#invoice
Africa is a particularly risky continent on which to do business. In recognition of that reality, the South African government…
#bank#financial services#guarantees
The Secretary for Industry and International Trade, Mr Stuart Comberbach, has announced that the draft policy on small and medium-scale…
The Zimbabwean Ministry of Industry and International Trade last Monday released US$250 million for disbursement to small and medium scale…
#interest#interest rate#international
It has been reported on the business news service, Zephus.com, that Nedcor Bank Ltd is to buy BOE Ltd in…
Cutfin, Absa's debtor finance house, has joined the ranks of almost 150 companies in more than 50 countries by becoming…
#international#international factoring#risk
Although it had a net loss under current cost accounting, ZDB Financial Services saw its net profit increase by 177%…
#financial institution#financial services#interest rates