Herbert’s new model army will lift SA industry hopes

Roger Herbert, one of the most experienced debtor finance professionals in South Africa, is adamant the industry he has served for 40 years is ready for take-off. As the industry finalises the release of a new business model for invoice finance, Herbert

Absa launches R30m SME fund

Banking group Absa has announced it is establishing a R30m Small Business Fund to provide finance for entrepreneurs who

R320m boost for young entrepreneurs' fund

Access to funding for youth has been given a major boost with the commitment by First National Bank (FNB) of R240-million to the Progress Fund in a joint undertaking with the Umsobomvu Youth Fund (UYF) enterprise fund.