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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. This rate at which money is lent to commercial...
Small- and medium-sized enterprises (SMEs) are key to African development, South African Reserve Bank (SARB) governor Tito Mboweni said in…
#bank#conference#small businesses
Despite adverse conditions in the global business environment, SA's largest credit insurance and reinsurance company, Credit Guarantee, managed to produce…
One of SA's top ferrochrome exporters has found itself in trouble after failing to secure payment for an export deal…
WesBank, the vehicle and movable equipment financier, yesterday launched "job creation finance", an interest rebate based finance scheme aimed at…
#interest rates#Jobs#smes
The South African Reserve Bank's Monetary Policy Committee (MPC) on Wednesday (10 September) announced a 100 basis-point (bps) cut in…
#bank#interest rates#international
The JSE Securities Exchange (JSE) has announced eight additional designated advisers for companies, especially small- and medium-sized enterprises (SMEs), wanting…
The Reserve Bank said on Thursday (14 August) it was cutting its key repo rate by 100 basis points to…
#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