Tag: debt
More important than ever to manage finances
Two weeks have passed since political drama caused havoc in markets yet again, this time with very serious consequences for the South African economy, consumers and investors.
Downgrade – SME’s to stand firm
Small business representative organisation AHI says the news that the rating agency, Fitch, has downgraded South Africa's credit rating to sub-investment grade will lead to catastrophically lower economic growth, with some estimating billions of Rands in outflows and a doubling of our current account deficit.
Business failures set to blow as economy tanks!
Few people realise that the largest source of business funding in South Africa is provided by private companies themselves.
Businesses extend credit to their customers and obtain credit from their suppliers, usually in the form of short-term funding which lasts for 30 to 60 days per transaction.
Are businesses geared for growth?
Every successful business owner will tell you that ‘cash flow is king’ and effective working capital management is essential for any successful business to survive, as it provides a business with the cash flow to fund its day-to-day operations. Working Capital can be funded by the business itself or by external funders.
DISPOSABLE SALARIES CONTINUE TO DECLINE!
"For the first time since the BDSI began in 2013, the average real disposable salaries declined for eight consecutive months in a row on...
SOUTH AFRICA’S 2017 BUDGET
Minister Pravin Gordhan and his team at National Treasury should be praised for striking the correct fiscal balance in this year’s budget. Gordhan understands...
PROACTIVE MANAGEMENT OF BUSINESS WELLNESS
Small businesses are often the first ones to be hardest hit during difficult times.
However, there are ways business owners can take control –...
CREDIT UNLOCKS ASPIRATIONS STUDY FINDS!
Unsecured credit has emerged as an unlikely hero in the story of how ordinary South Africans are trying to rise above the current economic...
EMOLUMENTS ATTACHMENT ORDER JUDGEMENT
The Constitutional Court has ordered the reading-in, and severance of, certain words in section 65J(2)(a) and (b) of the Magistrates Court Act in order...
DEBT HITS HOUSEHOLDS
Households are increasingly cutting back on living expenses as they grapple with their stressful financial positions.
Managing their finances as responsibly as possible to...
