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Debtor Financing Statistics for 2011 issued by the Banking Association South Africa show continued slow growth in debtor finance but some surprises in balances of invoices outstanding and sums advanced. (more…)
At least six National Health Laboratory Service (NHLS) labs have been shut because of the service s cash crunch. (more…)
#management#Paid#payment delays
Suppliers and service providers doing business with the government of Gauteng, one of the nine provinces of South Africa, may…
#funding#invoice#management
The Deputy Minister of Trade and Industry, Elizabeth Thabethe, has urged more than 500 entrepreneurs, small business financiers, academia, consultants,…
#conference#small business#smes
Johannesburg-based Sappi Limited have successfully implemented a three year 360 million Trade Receivables Securitisation Programme (TRSP) for its non-South African…
#bank#receivables#receivables securitisation
Mark Seland, Head of Debtor Finance at Standard Bank in South Africa, provides an overview of the South African factoring…
David Cory, Head of Debtor Management at Nedbank, talks to Factorscan about the South Africa’s factoring association’s need for a…
#commercial finance#conference#invoice
Statistics South Africa releases data on liquidations and insolvencies (more…)
#insolvencies#insurance
Last week HSBC has walked away from discussions to purchase a 70% stake in South Africa s Nedbank for an…
Speaking at the annual Coface South Africa Business Environment conference last week, Coface South Africa CEO Garth de Klerk, urged…
HSBC have confirmed that they are in discussions with Old Mutual Plc for the acquisition of a majority stake in…
According to a Sky News exclusive, HSBC Holdings plc, the financial services corporation incorporated and headquartered in the UK, is…
#bank#banks#financial services
Software company Codix has signed a deal to provide software solutions to ABSA Working Capital, the factoring and SEND US YOUR…