Despite adverse conditions in the global business environment, SA's largest credit insurance and reinsurance company, Credit Guarantee, managed to produce a strong underwriting surplus of R38.9m compared with R7.1m in the previous year.
One of SA's top ferrochrome exporters has found itself in trouble after failing to secure payment for an export deal to Canada.
WesBank, the vehicle and movable equipment financier, yesterday launched "job creation finance", an interest rebate based finance scheme aimed at stimulating job creation.
The South African Reserve Bank's Monetary Policy Committee (MPC) on Wednesday (10 September) announced a 100 basis-point (bps) cut in the repo rate to 10 per cent at the conclusion of a special meeting in Pretoria.
The JSE Securities Exchange (JSE) has announced eight additional designated advisers for companies, especially small- and medium-sized enterprises (SMEs), wanting to list at Africa's new Alternative Exchange (AltX) in addition to Investec Corporat
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.
Small companies (with “(Pty) Ltd” after their names) may in future be allowed to present simplified, more easily prepared accounts, according to the SA Institute of Chartered Accountants (Saica).
One of the most significant challenges for small- and medium-size enterprises (SMEs) is the two-fold problem of access to investment financing and business support.
The JSE Securities Exchange South Africa (JSE) has announced that Investec Corporate Finance will be the first adviser to select small- and medium-size enterprises (SMEs) to list at a new alternative exchange this year.
Cell C had raised $530 million (about R4.2 billion) to expand its network through a project finance deal arranged by US-based investment bank Citigroup, Paul Doany, a director of the mobile operator, said yesterday.
