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Africa

Legislative change increases credit insurance importance to creditors

Recent changes to the Companies Act could reduce the chances of creditors getting paid when debtors go into liquidation, Credit Guarantee warned. Credit Guarantee said companies should ensure that they have enough insurance to cover credit sales, or risk not...

#guarantee#insurance#Paid

Shell Foundation and dfcu Leasing in $4m energy fund

Shell Foundation, a United Kingdom registered charity funded by the Royal Dutch Shell Group of Companies, dfcu Leasing and Shell…


The Credit Reference Bureau and African Trade Insurance Agency...

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


ABC group chief executive office says Zambian market responding...

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


Export Credit Agency releases first annual report

Africa is a particularly risky continent on which to do business. In recognition of that reality, the South African government…

#bank#financial services#guarantees


Draft Policy on SMEs a Welcome Development

The Secretary for Industry and International Trade, Mr Stuart Comberbach, has announced that the draft policy on small and medium-scale…


US$250 million Shot in the Arm for Small and...

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


Nedcor Bank to Buy BOE Ltd

It has been reported on the business news service, Zephus.com, that Nedcor Bank Ltd is to buy BOE Ltd in…


Cutfin Joins FCI

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


ZBD Financial Services Profit Up 177%

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

ABC Holdings to Launch in Botswana including Factoring Services

ABC Holdings has just completed its primary listing on the Botswana Stock Exchiange. The bank is configured to be a…

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