Following the economic downturn and immense pressure placed on businesses as a result of the worldwide Covid-19 pandemic and ensuing global lockdown, National Treasury, the South African Reserve Bank and the Banking Association of South Africa announced the launch of the Covid-19 Loan Guarantee Scheme...
Chantel van Zyl and Penjani Mseteka 16 Sep 2020
According to the National Stokvel Association of South Africa (NASASA), four main categories of stokvels can be identified - basic revolving savings schemes, loan schemes, home loan schemes and shared buying schemes. The main economic spenders around the end of the year are the shared buying scheme members, who use wholesalers and other retailers to purchase in bulk.
Tseko Shibambu 10 Jan 2012
In Kenya, as in many African countries, major banks prefer to deal with ‘big’ clients and ‘small’ clients experience great difficulties in obtaining access to banking services. One bank in Kenya has set out to change this, however, and this could have long-term benefits for advertisers and marketers. Zipporah Musau and Kwamboka Oyaru report.
Zipporah Musau and Kwamboka Oyaru 21 Feb 2007