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JUNK

Junk status: South Africa’s SMEs in tight corner

The recent downgrade of South Africa’s sovereign credit rating to junk status by Standard and Poor’s (S&P) and Fitch means that lending and seeking loans will become more costly for both local consumers and businesses, as interest rates and costs rise to adapt to this new volatile economic environment, an expert warned last week. Local […]

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Business Partners launches $30 million fund to support Southern Africa SMEs

Business Partners launches $30 million fund to support Southern Africa SMEs

Struggling small and medium enterprises (SMEs) owners operating in Malawi, Namibia and Zambia might have found the arm shot they were looking for to reinvigorate their businesses, thanks to the launch by Business Partners International (BPI) of a $30 million (R310 million) fund to support Southern African small businesses. The fund has been launched to […]

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