KEY management at Merchant Commercial Finance (Merchant Factors) and Mvelaphanda Holdings have acquired a 65% stake in the independent factoring and trade finance company for R120m, it was announced yesterday.   Read More ....

Tough Times For SA Business

Times are tough at the moment for South African businesses. Although interest rates are set to come down further, the economy is in a recession. Most firms face a low level of demand, pressure on their cash flow and many other problems.

Businesses, particularly many of which started up during the past decade are particularly under pressure because they don’t have the financial resources of larger companies.

Merchant Factors has prepared a checklist to help guide your businesses – particularly small and independent firms – in some key areas of management that should be looked at in a recession.