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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...

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Operational 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.

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Fresh approach needed to project indemnity cover

Historically, professional indemnity (PI) insurance cover has been bought by consultants.

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Don’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...

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‘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...

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New 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...

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IMF 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.

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Operating 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...

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New 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...

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Multiple 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.

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Business 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.

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Act 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.

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Financial 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...

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Part-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...

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Italian credit management company enters South African market

Italian credit management operator Sace has entered the South African market.

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Meaningful 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...

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Investment 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...

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Insurance 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...

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Insurance 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...

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2010 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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