Tag Archives: Financing policies

New finance laws for South Africa – here are the changes (BT)

Finance Minister Enoch Godongwana has announced the commencement of the Financial Matters Amendment Act (FMAB).In a government gazette, the Minister said that the new laws were enacted on 14 July 2023.Broadly, the bill amends several other pieces of legislation, including: FMAB was introduced to the National Assembly in early September 2022 and has seen several […]
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The impact of COVID-19 on SME financing: A special edition of the OECD financing SMEs and enterpreneurs scoreboard (OECD)

The OECD has just published the report “The impact of COVID-19 on SME financing: A special edition of the OECD Financing SMEs and Entrepreneurs Scoreboard.” The COVID-19 crisis has had a profound impact on SME access to finance. In particular, the sudden drop in revenues created acute liquidity shortages, threatening the survival of many viable businesses. The […]
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