Archive | May, 2017

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Newly-rated Retail Capital raises R200 million to help struggling businesses

Retail Capital, which provides working capital to businesses, is said to have raised around R200 million to date through institutions such as Futuregrowth, Ashburton and Gen-X Credit Opportunities Fund. The company, which has recently been awarded the BB(ZA) rating, said being a rated financial institution would allow it to access new pools of capital at […]

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South Africa’s Entrepreneur of the Year competition 2017 seeks entrants

South Africa’s small and medium business owners wishing to enter the 2017 edition of the Entrepreneur of the Year competition should visit www.eoy.co.za for more information or send their to [email protected], the organisers said this week. Entries close on 31 May 2017. The competition offers winning entrants prizes valued at over R2 million, with cash […]

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Retiring? Avoid the following 5 money mistakes

Retirement planning is an ongoing process which requires one to make wise investment decisions. “Retirees must have a clear strategy regarding how their retirement funds will be invested to sustain themselves through the years beyond retirement,” Preenay Sathu, channel head at South Africa’s First National Bank (FNB)’s financial advisory, said this week. Though individual circumstances […]

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