Sasfin’s First In The World: R600m To Support Marginalised SMEs: Championing women, youth and COVID-affected businesses in SA Sasfin has obtained a R390m funding line as well as a R600m portfolio guarantee facility (NASIRA) from FMO, the Dutch Entrepreneurial Development Bank, to provide loans to women, youth and Covid-19 impacted businesses and empower South African entrepreneurs to build a better world. Sasfin is the first bank in the world to receive the NASIRA guarantee provided by the … [Read more...] about Sasfin’s First In The World: R600m To Support Marginalised SMEs – MyPR.co.za
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Kisby Fund: A life-saving option for SMEs – Mark Barnes – Port Elizabeth in the News
Kisby Fund: A life-saving option for SMEs – Mark Barnes: Mark Barnes, chair of the Kisby Fund, tells Alec Hogg that the secret to economic dignity is well-funded small enterprises that foster job creation. Source: "Port Elizabeth" - BingNews. Bruce Douglas: Doing the business after rugby: Celtic dealt blow in pursuit of target, former Rangers star set for Hearts switch, Stoke City interested in former Celtic target - Scottish Premiership Rumour Mill Former Scotland prop Bruce Douglas … [Read more...] about Kisby Fund: A life-saving option for SMEs – Mark Barnes – Port Elizabeth in the News
PE in the news: 6 Awesome Destinations to go to and support your Local Tourism SMEs
6 Awesome Destinations to go to and support your Local Tourism SMEs: From the coast where you find cities Port Elizabeth and East London to the Karoo and the forests - there is plenty to see in this province. The Eastern Cape is the birthplace of Mandela and home of the inspiring Nelson Mandela Museum. It also boasts the ... Source: "Port Elizabeth" - BingNews. No more being Cheeky as Hawks arrest controversial Watson: According to HeraldLIVE, Watson and three other colleagues – Nadia … [Read more...] about PE in the news: 6 Awesome Destinations to go to and support your Local Tourism SMEs
SMEs are spending more time on cash flow forecasting in tough times
As the economy continues to contract, optimal cash flow management and forecasting has become a critical component for the success and failure of small businesses. Consequently, SMEs are now spending more time managing cash coming in and going out of the business in order to improve financial performance and eliminate operational efficiencies. Dr Yudhvir Seetharam, Head of Analytics for FNB Business says adequately keeping track of customer invoice payments while making sure the business … [Read more...] about SMEs are spending more time on cash flow forecasting in tough times
SMEs urged to diversify their ‘eggs’
As the old saying goes, 'do not put all your eggs in one basket', the same principle applies to small business owners that want to get the most out of their savings, while minimizing investment risks. Elize Giese, Head of Investments at FNB Business says when investing business profits it is important for SMEs to have a diversified portfolio as a way of managing risks. "Diversifying simply refers to limiting risks by spreading a company's investments across different instruments and … [Read more...] about SMEs urged to diversify their ‘eggs’
