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The Reserve Bank said on Thursday (14 August) it was cutting its key repo rate by 100 basis points to 11 per cent, in line with expectations, but dampened hopes for further aggressive cuts in the months ahead. Domestic markets...
#bank#banks#inflation
Small companies (with “(Pty) Ltd” after their names) may in future be allowed to present simplified, more easily prepared accounts,…
One of the most significant challenges for small- and medium-size enterprises (SMEs) is the two-fold problem of access to investment…
The JSE Securities Exchange South Africa (JSE) has announced that Investec Corporate Finance will be the first adviser to select…
#Investec#management#security
Cell C had raised $530 million (about R4.2 billion) to expand its network through a project finance deal arranged by…
#bank#SACE#trade
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
Roger Herbert, executive in charge of the Banking Council's debtor financing committee, says the industry is working to educate financial…
Life in Zimbabwe is increasingly difficult due to the catastrophic economic difficulties, not only on a personal level but also…
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
The president, John Agyekum Kufuor, speaking at the Ghana Investors’ Advisory Council’s (GIAC) meeting, said that some modest gains had…
The Small Enterprise Development Corporation (Sedco), which is facing serious financial constraints, could be forced to further downsize its operations…
#bank#funding#small businesses
The European Union (EU) has extended by one year, the Apex Loan Facility to small- and medium-scale enterprises (SMEs). Grant…
Some Ugandans view Barclays Bank as one of those banks that predominantly serve elite customers. However, its chief executive officer,…
#bank#small businesses#smes