“A business plan is more than just a tool for raising finance or a document developed to get you thinking about your business. Even though it is quite common for business plans to be outsourced to professionals, to meet the formal requirements…
“At Standard Bank, we believe that Africa is our home, and we drive her growth. As one of Africa’s leading financial institutions, we intend to ensure that our clients across the continent have seamless access to regional and international…
'Invoice discounting funds working capital shortages. It enables business growth by improving liquidity. The client can trade optimally despite the challenges of funding a growing business," says Debbie Robinson, Nedbank Head of Sales, Debtor…
“structural supply constraints around infrastructure and electricity remain a key challenge to operating in the South African business environment. However, the decline in the RMB/BER Business Confidence Index also reflects underlying demand…
"Elaborating on recent research, it has shown that about 43% of South African households are run by single women. At the end of July 2022, women also accounted for 57% (3 896 595) of the total volume of properties in the market (6 868 778).…
For years, the businesses that form the backbone of commerce in townships have operated from garages, street-facing rooms in houses, and even shipping containers as they bring essential groceries and commodities to their neighbourhoods, says…
Conditions in the SA manufacturing sector deteriorated at the end of the third quarter. This is according to the seasonally adjusted Absa Purchasing Managers' Index (PMI), which declined by 4.3 points in September to 45.4.
“The average nominal pay for August reached R15 578, representing a 5.8% increase on the R14 717 recorded in August 2022,” says Shergeran Naidoo, BankservAfrica’s Head of Stakeholder Engagements. “The August figure was also higher than July’s…
“The ETBCG programme unlocks grant access which is then matched with subsidised commercial funding in an innovative structure with great benefits for beneficiaries. The grant component completely changes the calculation for up-and-coming farmers,"…
"This follows a large decline of almost 11 points in July. Although the magnitude of the rise in business activity gives an impression of some strength here, at 50, the index is pointing to flat month-on-month manufacturing output growth in…
"We are aware of the need for mental wellness and how important it is to strike that balance, and as African Bank we are committed to promoting a healthy and sustainable approach to entrepreneurship," says Edna Montse, Chief Executive for Transformation…
Banking Biz is a New Africa Busines News Services (NABNS) publication launched in 2021 to focus on the banking industry (general), retail banking, business and commecial banking, corporate and Investment banking as well as financial planning. It remains a great resource of news for industry professionals, and for those who seek to learn more about the financial sector developmets.
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