Trade finance for importers

Trade finance for importers

Managing their cash flow cycle is a particular challenge for importers as the purchasing cash flow lead-time is generally longer than purchasing locally. In most cases imported goods need to be paid for before they arrive; or even before they are shipped from the...
It’s a race to the bottom

It’s a race to the bottom

This month we consider several indicators that must be considered when reviewing the outlook for the direction of the rand against its major trading partners. The key takeaway is that the US economy and global risk sentiment continue to be the key drivers of global...
Personal Services Provider (PSP)

Personal Services Provider (PSP)

What is a PSP: A personal service provider is a company or trust whereby the owner of a business renders a service in their personal capacity using the company/trust as a channel. This means that the services of the company/trust are personally rendered by any person...