With the continuing effects of the economic downturn being felt by businesses, the importance of good credit management has been magnified and
all companies’ credit management policies need to be reviewed and upgraded in order to avoid your company becoming a statistic of the poor
economy. In addition credit management is also being impacted by the new legislation such as the National Credit Act, the Consumer Protection Act
and the new Companies Act.
 
This is a half day seminar in Cape Town on the 21st October 2011 aimed at commercial creditors (businesses who supply …

The big question being asked by those involved in the credit risk management industry and generally is are we out of those dreaded recession “woods”?
From purely a practical personal perception the answer would be no. The number of bad debt hand-overs decreased toward the end of last year only to bounce back in February and March of this year, particularly businesses being handed over.
However Moody’s being reported in Business Report has stated the opposite:
“South Africa’s economic recovery has “arrived with a bang”, says Kristin Lindow, a senior vice-president at international …