South Africa

The Banking Council’s move to Sunnyside Ridge Park in Parktown (close to the Sunnyside Park Hotel) is now complete. The contact details are now as follows:

Kй Concepts, leader in the deployment of comprehensive credit management solutions and development frameworks for the financial services sector, has announced that it has successfully won the contract to replace Sasfin Bank's present asset-based f

The lowest interest rates in more than 20 years have not significantly curbed company liquidations in South Africa, which for the first four months of 2004 were only six per cent lower than those for the same period last year, according to Mike Tr

The South African government is keen to spur exports and it offers a variety of incentives.

Last year was very interesting in the South African (SA) debtor financing industry, which continues to be extremely dynamic. The Financial Services Charter is going to seriously challenge all the service providers in the SA financial economy.

Globalisation and the rapid expansion of international trade has highlighted the need for uniform and consistent insolvency legislation across international markets…

Money laundering poses a serious threat to South Africa's democracy and governance which have been hard earned, says the National Director of Public Prosecutions (NDPP) Bulelani Ngcuka.

Not enough small- and medium-sized enterprises (SMEs) are using debtor finance to improve cash flows and grow their businesses, according to Nick Hough, an executive at Sasfin's debtor-finance business unit.

Prime lending rates are set to hit a 17-year low of 12 per cent after the South African Reserve Bank yesterday (16 October) cut its repo rate by 1.5 percentage points.

Small- and medium-sized enterprises (SMEs) are key to African development, South African Reserve Bank (SARB) governor Tito Mboweni said in his keynote address to the Fifth Annual African Development Finance Conference on Thursday (9 October 2003).