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South Africa

Debtor finance figures released

ZAR40billion drop in turnover (more…)

#exports

Propell primed to spread supply chain finance across Africa

Partnership between Propell and PrimeRevenue aims to introduce SCF programmes across continent (more…)

#bank#international#management


Multinational Bank invests in P2P start up

P2P lender says it now has funds to invest in supply chain finance development (more…)

#bank#Boost#funding


Finance providers and insurers to be penalised for excessive...

The Department of Trade and Industry plans to introduce caps for various financial products and services under the new National…

#Bill#compliance#insurance


On-line trade invoices market place establishes investment fund

ApexPeak looks for investors to meat growing demand for its services... (more…)

#emerging markets#invoice#liquidity


On SME use of invoice discounting in SA

Following the survey by Business Partners, which indicates that SME confidence is growing in SA, David Cory comments on the…

#assignment#bank#invoice


Business Partners SME survey indicates confidence on the mend

Business Partners index revealed that almost half of SME owners surveyed show confidence that the access to business finance will…

#business finance#financial services#forum


JPMorgan SME project boosts SA employment

JPMorgan, through the JP Morgan Chase Foundation, says well-structured incubators or business development support services can help SMEs grow their…

#JP Morgan#JPMorgan#management


Wonga to extend loans for South African SMEs

Internet-based short-term loan provider is looking to elongate payment terms for South African SMEs. (more…)

#payment terms#R3#risk


Factoring in South Africa: a country review

David Cory, Head of Debtor Management, Nedbank Business Banking, provides an overview of the South African factoring market for the…

#bank#debt finance#exporters


First Strut collapse leaves Nedbank exposed

Nedbank said it advanced R240m to First Strut, which collapsed last month after the murder of its chairman. (more…)

#bank#Nedbank


SME funding falls behind

SME funding government programme failed to achieve its objectives. (more…)

#Access to Finance#funding#management

Study: Mining companies continue to stockpile cash

The recent study by The Hackett Group, consultancy group, shows that South African mining companies have more than R48.6-billion in…

#crisis#interest rates#invoice

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