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David Cory, Head of Debtor Management, Nedbank Business Banking, provides an overview of the South African factoring market for the World Factoring Yearbook 2013 covering industry environment, market performance, supply and future trends. (more…)
#bank#debt finance#exporters
Nedbank said it advanced R240m to First Strut, which collapsed last month after the murder of its chairman. (more…)
#bank#Nedbank
SME funding government programme failed to achieve its objectives. (more…)
#Access to Finance#funding#management
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
Certain major retail chains in South Africa are implementing a 10 per cent of annual purchases as a warranty reserve…
Delayed payment from government departments puts enormous financial strain on small businesses. (more…)
#invoice#late payment#management
Barclays's Absa hires JPMorgan's Barrass. (more…)
The Public Protector has asked to assign billing fraud to a special category of criminal offences. (more…)
South African businesses' debt stress levels affected by weaker business confidence levels in the fourth quarter 2012, says new reports.…
#exports#trade
Financial services company Paragon Lending Solutions, a local non-bank lender, announced this week that it was experiencing a surge in…
#bank#financial services#non-bank lenders
Financial services group Cadiz, in partnership with the US Agency for International Development, have launched a R1 billion Cadiz High…
#financial services#guarantees#international
Cape Town-based Business Partners Limited, a specialist risk finance company for formal small and medium enterprises (SMEs), has launched a…
#risk#security#small businesses
Mark Seland, Head of Business Development Standard Bank of South Africa Ltd provides an overview of the South African factoring…