CGIC has observed an increase in the incidence of fraud, both locally and internationally, and clients are urged to be alert to the increased risks. There are generally three main categories seen by us:
Credit Guarantee celebrates its 60th anniversary as the most trusted provider of trade credit insurance and surety solutions in Africa, highlighting its dedication to clients' success and its legacy in the industry.
Namibia's economic outlook has been downgraded from stable to negative by Fitch Rating Agency due to an economic slowdown and negative growth in sectors like construction, mining, and public administration, while sectors like retail and wholesale trade managed to defy conventional wisdom and record growth.
Credit Guarantee's CEO, Charles Nortje, emphasized the importance of small and medium-sized enterprises (SMEs) in South Africa's economy during his participation in the Business Day TV SME Summit 2018, highlighting how Credit Guarantee supports SMEs by providing credit information and insurance policies that help level the playing field and keep the economy running smoothly.
It gives us great pleasure to advise that the claims paying ability of Credit Guarantee has been affirmed at AA+ (Outlook Stable) by Global Credit Ratings Company (GCR).
Luke Doig, Credit Guarantee's senior economist, achieved third place in the 2016 Thomson Reuters South African Economist of the Year award, which recognizes economists' forecasts on key indicators such as GDP growth and inflation, with Luke having previously secured first place in 2011 and 2015.
In a 2017 interview with COVER Magazine, Charles Nortje of Credit Guarantee discussed the challenges posed to the trade credit industry by the South African economy's slow growth, emphasizing the need for careful risk management and suggesting that signs of economic improvement might take about 18 months to translate into a positive credit environment.
The South African construction industry is anticipating positive changes in the economy, with government investment in infrastructure and a conducive economic environment expected to boost construction activity, offering potential opportunities for growth.
Carillion plc, a once highly successful British multinational in construction and facilities management, experienced financial troubles in 2017 leading to its liquidation in January 2018, leaving creditors uncertain about debt recovery, highlighting the importance of trade credit insurance in insulating businesses from financial losses caused by such situations.
A solid business reputation is the cornerstone of success, and it's intricately tied to practicing good business ethics. In this blog, we'll explore the profound connection between ethical conduct and a sterling business reputation, highlighting the importance of trust, loyalty, and reliability in the business world.
CGIC has observed an increase in the incidence of fraud, both locally and internationally, and clients are urged to be alert to the increased risks. There are generally three main categories seen by us:
Credit Guarantee celebrates its 60th anniversary as the most trusted provider of trade credit insurance and surety solutions in Africa, highlighting its dedication to clients' success and its legacy in the industry.
Namibia's economic outlook has been downgraded from stable to negative by Fitch Rating Agency due to an economic slowdown and negative growth in sectors like construction, mining, and public administration, while sectors like retail and wholesale trade managed to defy conventional wisdom and record growth.
Credit Guarantee's CEO, Charles Nortje, emphasized the importance of small and medium-sized enterprises (SMEs) in South Africa's economy during his participation in the Business Day TV SME Summit 2018, highlighting how Credit Guarantee supports SMEs by providing credit information and insurance policies that help level the playing field and keep the economy running smoothly.
It gives us great pleasure to advise that the claims paying ability of Credit Guarantee has been affirmed at AA+ (Outlook Stable) by Global Credit Ratings Company (GCR).
Luke Doig, Credit Guarantee's senior economist, achieved third place in the 2016 Thomson Reuters South African Economist of the Year award, which recognizes economists' forecasts on key indicators such as GDP growth and inflation, with Luke having previously secured first place in 2011 and 2015.
In a 2017 interview with COVER Magazine, Charles Nortje of Credit Guarantee discussed the challenges posed to the trade credit industry by the South African economy's slow growth, emphasizing the need for careful risk management and suggesting that signs of economic improvement might take about 18 months to translate into a positive credit environment.
The South African construction industry is anticipating positive changes in the economy, with government investment in infrastructure and a conducive economic environment expected to boost construction activity, offering potential opportunities for growth.
Carillion plc, a once highly successful British multinational in construction and facilities management, experienced financial troubles in 2017 leading to its liquidation in January 2018, leaving creditors uncertain about debt recovery, highlighting the importance of trade credit insurance in insulating businesses from financial losses caused by such situations.
A solid business reputation is the cornerstone of success, and it's intricately tied to practicing good business ethics. In this blog, we'll explore the profound connection between ethical conduct and a sterling business reputation, highlighting the importance of trust, loyalty, and reliability in the business world.
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