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South Africa

HSBC assesses a bid for Nedbank Group

According to a Sky News exclusive, HSBC Holdings plc, the financial services corporation incorporated and headquartered in the UK, is in the beginning stages of assessing a bid for Nedbank... (more…)

#bank#banks#financial services

ABSA Working Capital signs deal with Codix

Software company Codix has signed a deal to provide software solutions to ABSA Working Capital, the factoring and  SEND US YOUR…


Factoring in South Africa – World Factoring Yearbook

Mark Seland, Head of Debtor Finance at Standard Bank in South Africa, provides Factorscan with an overview of the South…

#bank#interest rates#international


Industrial Policy Action Plan will have far-reaching affect on...

The South African Minister of Trade and Industry on Friday released its Industrial Policy Action Plan (IPAP) (more…)


Will there yet be a sting in the tail?

The financial press has been reporting in worried whispers of late about the threat of rising insolvencies as the world…

#bank#conference#management


Mvelaphanda Holdings acquires stake in factoring firm

Private BEE investment company Mvelaphanda Holdings has acquired a strategic stake in South Africa-based trade finance firm (more…)

#funding#management#smes


IFC to pump $30m into SME sector

The International Finance Corporation is to invest $30 million in Sasfin to enable the specialist bank to spread lending to…


Potential and pitfalls

Roger Herbert, Executive Secretary for the Debtor Finance Committee of he Banking Association of South Africa, talks to Factorscan about…

#assignment of receivables#bank#emerging markets


IDC pushes for more support for SMEs

68 per cent of businesses funded by the Industrial Development Corporation (IDC) in the 2008/09 financial year were SMEs, up…

#funding#smes#trade


EIB to extend loan to South African SMEs

South Africa's Industrial Development Corporation IDC) has secured a 60-million credit line from the European Investment Bank (EIB) to finance…


The springbok finds its step

Roger Herbert, Executive Secretary of the Debtor Finance Committee at the Banking Association of South Africa, talks to Factorscan about…

#assignment of receivables#international#International Trade


Debtor finance performing well in the downturn

David Cory of Nedbank Corporate Debtor Management outlines the growing significance of debtor finance to South African companies. (more…)

#bank#funding#invoice

Regent Group announce appointments

The Regent Group, based in Durban, has announced three new appointments. (more…)

#bank#invoice#receivables

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