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This was at times inconveniencing and led to delays in the business. Now I have no such fears since I can pull it all alone,” says Itibi. Itibi now has two stores and the Glory Shop franchise is on the growth path. Stocks are on the steady increase and the working capital has provided a buffer to serve a growing clientele base. Woolworths Financial Services is a joint venture between Woolworths and Barclays Africa Group, with Barclays Africa Group owning 50% + 1 share. The WFS board is constituted with directors from both WHL and Barclays Africa Group, with direction … Read more

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Borrow on a medium-term loan, with the option to draw on the amounts you have already repaid. Structured repayments and availability of additional funds gives you better control of your finances, and allows you to plan for additional financing without needing to repeat application processes. An overdraft facility on your business’s current account is one of the most convenient ways to get operating capital. Once the approval process is completed, the overdraft facility is activated on your current account, providing immediate access to funds at your own discretion.

STANDART BANK BUSINESS FINANCE

For this reason, the Government decided to launch a Loan Guarantee Scheme … Read more

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Firstly, Standard Bank has always been an aspirational brand with a rich heritage – with the introduction of our MyMo account, over 1 million now – have been able to access our brand for the first time because of the extraordinary value offered. The account costs just R4.95 (approx. 30 US cents) monthly and all other costs are ‘pay as you use’. Thus, the power to control bank fees is placed into the hands of the customer, who has the choice of how to bank. We have a treasure chest of innovations and achievements, all of which impact individuals, businesses, … Read more

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Get the cash-flow, liquidity or working capital solution that helps you make the quick decisions your business needs to keep growing. AA is a powerful proposition which is scaling up rapidly allowing easy and instant access to financial information of customers in a safe and secure manner. We’re proud to manage the investments of the African Women Impact Fund Initiative which aims to deliver measurable positive impact and market-related returns by gaining exposure to a range of women-owned or led investment strategies. Save time by scheduling an appointment with one of our bankers before visiting a branch.

STANDART BANK BUSINESS FINANCE

If you provide … Read more

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Ideal as a short-term credit facility, you can access funds whenever you need it and only pay interest on the outstanding balance. Sameer Shetty, President and Head – Digital Business and Transformation, Axis Bank, said in keeping with the bank’s open approach, it can offer instant, digital and paperless loan solutions to customers. The country’s third largest private sector lender has already gone live on multiple Account Aggregators like Anumati-AA, OneMoney-AA and FinViu-AA, covering retail and SME customers. As the objective of the Funds, the trustees want to see their members retire with sufficient asset to live with dignity in … Read more

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Standard Bank South Africa is the largest operating entity of Standard Bank Group, Africa’s largest bank by assets. Standard Bank Group reported total assets of R1,95 trillion at 31 December 2016, while its market capitalisation was R246 billion . Standard Bank Swaziland Limited is an international bank and a member of the Standard Bank Group of South Africa, which, through its Stanbic Africa Division, owns banks in 14 other African countries apart from South Africa. It began its local operation in 1988 and has a network of 13 branches and 16 ATMs at strategic points.

  • In an increasingly globalised world,
… Read more