B2B Central

credit insurance

08 Aug 2019

Protecting your home should retrenchment hit your finances

By Janice Roberts

Standard Bank, ABSA, Group Five… Retrenchments in SA in Q2 have increased by 27% from 2018. Tongaat Hulett (5000 jobs in jeopardy) and Deutsche Bank (18 000 jobs set to be cut globally) have issued the latest devastating announcements. The sustained economic downturn is putting extreme pressure on companies, with staff retrenchments being part of the...
11 Jul 2019

Credit risk to increase in second half of 2019

By Janice Roberts

2018 saw a significant increase in the number and value of credit insurance claims in South Africa year-on-year. In 2019, credit risk is expected to remain relatively unchanged with a possible slight improvement, says Paul Jooste, Director at Prestige Credit Insurance Consultants, a trade credit specialist broker.
10 Jan 2018

CEE economies close to their economic performance peak

By Janice Roberts

By Coface, the international trade credit insurance company Recently released data confirms a solid pace of economic activity in the Central and Eastern European (CEE) region* with the average GDP growth in the third quarter of 2017 exceeding 5% year on year, nearly doubled the level of the Eurozone’s growth.
20 Mar 2017

Businesses turn to trade credit

By Janice Roberts

With South Africa’s current economic and trade environment remaining constrained and unpredictable, businesses are increasingly recognising the benefits of trade credit insurance to protect their bottom line, says Maria Teixeira, Trade Credit, Surety and Political Risks Business Unit Manager at Aon South Africa.