Warren Wheatley: How Kisby Karmic credits cut costs of business loans
The Kisby Fund has found a unique approach to small business loans: Karmic credits. BizNews founder Alec Hogg delves into the details.
SMEs
Old Mutual Insure to pay R650m in business interruption claims
Old Mutual Insure has proactively engaged with the FSCA to provide much-needed business interruption support to its SME customers across all industries.
Sean Emery: Kisby Fund is helping SA businesses to survive, thrive beyond Covid-19
The Kisby Fund is bringing in investors who want to get good businesses back on track as they emerge from the Covid-19 crisis and share in the gains.
Appropriately named Kisby Fund, South Africa’s SME lifesaver.
The recently launched Kisby Fund aims to help previously solid South Africa SMEs which are floundering after the Covid-19 instigated lockdown.
Capitalworks plans to invest R5bn in Covid-19 hit mid-sized SA companies
Capitalworks plans to invest R5bn of newly raised cash in mid-sized companies hit by a shrinking local economy and the Covid-19 pandemic.
Influx for help from Sukuma relief plan shows crippling impact of Covid-19 on SMEs
Business Partners MD Ben Bierman says the overwhelming response to the Sukuma Relief Programme is a cry for help from South Africa’s SMEs.
🔒 SMEs need working capital sooner; leniency from Big Guys – Brendan Mullen
Brendan Mullen says this time round the “war” as he calls it is not a Top Down; it is a Bottom Up War as the real victims are the SMEs.
Solidarity Fund at R500m; no soft loans for SMEs
Solidarity Fund chairperson Gloria Serobe said the first money that has been paid out has been used to acquire Personal Protective Equipment and 5 million masks have been ordered from China.
SMEs to SA’s rescue: 10 successful traits for a good leader
Small to medium businesses make up 91% of South Africa’s formalised businesses. They create 60% of all jobs and contribute to around 34% of the GDP.
Poor management of an SME could land you in court
The main purpose of a D&O policy is to offer financial protection for executives, which provides investigation and defence costs together with awards for a valid claim.