"Besides a ramp-up of load-shedding intensity in July after the unexpected reprieve in June, it is not immediately clear what drove the large decline", says Absa bank.
"Because we understand the complexities of running a business, much emphasis has been placed on ensuring a seamless account opening, and management process, with one point of contact for both personal and business needs,"says Gordon Little,…
“Over the years, we have supported more than 3,500 Chinese commercial companies, corporations and state-owned enterprises (SOEs) in 15 African markets. This strategic partnership has broadened Africa’s working relationship with China and given…
"Business owners are finding this solution to be quite flexible and convenient as it allows them to transfer their own funds into the credit card and use it as a cash flow management tool with a very low risk of going into debt," says Wandile…
“It remains unclear as to what will meaningfully lift confidence over the short term, especially as load-shedding could get worse over the winter months. Indeed, while just skirting a recession in the first quarter of 2023, the South African…
“Appreciating that the sector is cyclical, and currently facing numerous challenges, it is indeed encouraging to note that good growth was achieved over the past four seasons. However, in the same breath, it is critical that farmers prepare…
"A thin silver lining attached to loadshedding must not distract from the devastating blow loadshedding specifically, and failing rail, road, and port infrastructure more generally, are inflicting on the economy. The urgent need of a united…
"Aside from a standard savings account, there is a lack of stokvel investment vehicles in which members' savings can be invested for the long term. This is a missed opportunity for the stokvels, as their savings could potentially yield a higher…
“Even so, there is no denying the fact that the economy would be doing so much better were it not for the slow pace that continues to describe the government’s efforts in addressing growth damaging constraints such as insufficient electricity,…
Daniel Hatfield, Edge Growth CEO, says “It’s hard to grow off a base that needs repair. We have designed the FNB Advancer Programme to help overcome the constraints to growth that these businesses face, ensuring the fundamentals are in place…
Gordon Little, FNB Commercial CEO, says, “Our vision for Vumela was to build a sustainable model that would strengthen South Africa one SME at a time. By providing SMEs with contextual funding and growth support relevant to their specific size…
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