Performance guarantee offered for emerging contractors
Insurance company Lombard has introduced, in addition to its already well established construction guarantee portfolio, a performance guarantee product for emerging contractors in response to the...
View ArticleOperational risk management receives increasing attention
South Africa has been called the ‘hub of Africa’ because so many financial and business transactions flow through the country from the rest of the continent.
View ArticleFresh approach needed to project indemnity cover
Historically, professional indemnity (PI) insurance cover has been bought by consultants.
View ArticleDon’t abandon PPP model – investment bank
Certain infrastructure and development projects are experiencing delays owingto what appears to be conflictingpublic-sector opinions regarding theefficiency of public–private...
View Article‘Loan sharks’ threaten microfinance sector
Loan sharks who prey on vulnerable South Africans and who charge interest rates upwards of 100% a week are posing a threat to the microfinance industry says South Africa’s largest source of...
View ArticleNew product designed to lower bad-debt impact and protect cash flows
Credit insurance and credit management service provider Coface South Africa has launched a new credit insurance product that will pay out its clients 65 days from the due date of payment, instead of...
View ArticleIMF optimistic about South Africa's economic growth, pledges support for...
South Africa�s real gross domestic product (GDP) is expected to grow by some 4,2% this year, and at a similar rate in 2007.
View ArticleOperating rental offers flexible financial solutions
Financial intermediary company Centrafin says that South African business is in a technological age where companies need to be able to move quickly with the times. Centrafin MD Jenny Gill tells...
View ArticleNew company to fund wastewater treatment, air pollution projects
Engineering firm Thuthuka Group Limited (TGL) and specialist banking group Investec have joined forces to offer a new approach to financing projects valued at between R5-million and R100-million. The...
View ArticleMultiple factors drive financial services industry developments
Software development company Dariel Solutions says that three factors are driving developments in the financial services industry, with a particular focus on service efficiency and cost reduction.
View ArticleBusiness intelligence makes information work for financial sector
Information technology services company PBT Group focuses on business intelligence (BI) to receive and provide information for decision makers on all levels in financial institutions.
View ArticleAct protects consumers from reckless lending
Credit regulatory body the National Credit Regulator (NCR) says that it may take up to six months before the impact of the National Credit Act (NCA) will be seen, since its inception date on June 1, 2007.
View ArticleFinancial crises should be seen as part of a natural cycle
“It’s the way the system is designed. The system is imperfect, and that is why we use it. Investment banks will not be operating in a system that is perfect, or they will be unable...
View ArticlePart-time consultants are filling professional gaps as skills dearth bites
A division of recruitment agency Kelly Group, the Professional Assignment Group (PAG), is establishing a new service offering in South Africa that will assist companies in need of professional services...
View ArticleItalian credit management company enters South African market
Italian credit management operator Sace has entered the South African market.
View ArticleMeaningful BEE scorecard now a question of survival – survey
The black econnomic-empowerment (BEE) honeymoon period is over and organisations need to urgently realise that a meaningful scorecard rating is set to become one of the main factors that will ensure...
View ArticleInvestment firm specialises in energy and infrastructure
Specialist international financial advisory company Fieldstone Africa, which specialises in the energy and infrastructure sectors, is working closely with several independent power producers (IPPs) on...
View ArticleInsurance programme key to managing project risks
As South Africa’s multibillion-rand infrastructure development programme rolls out, the complexity and risk associated with larger projects grows, making it crucial to insure the risks on a more...
View ArticleInsurance company offers professional benefits
The only insurance company in South Africa catering exclusively for graduate professionals, PPS Insurance, offers a specialised range of sickness, permanent incapacity, life and disability, and...
View Article2010 inspires property uptake while private sector growth slows
Trade solution company Coface South Africa provides full risk credit solutions to a variety of industry sectors, and specialises in credit insurance, including trading transactions between companies,...
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