Non-bank lenders enter fray

Sep 09 2010 00:00

THE CREDIT CRISIS has sparked the emergence of a new breed of alternative lenders in the United States and Britain, primarily private equity players who are offering distressed developers and commercial property owners secured, asset-backed funding on deals the banks are no longer willing to finance.

Money clinic

Don’t panic

Sep 09 2010 00:00

EACH YEAR JANNIE MOUTON – CE and founder of investment group PSG – addresses investors at the company’s annual general meeting and does a quick calculation that highlights the power of a compounded investment in PSG. Last year that statistic read: “R100 invested in PSG in 1995 – and with dividends reinvested – would now be worth around R34 000.” That’s a fantastic return in anyone’s language.

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Economy Room for more rate cuts, say experts Rate cut revives flagging spirits Vehicle manufacturers halt production	Business 'Tighten tender processes' Treasury under fire in parliament Outcry as mining firm is 'hijacked'	Markets Wall St rallies on positive jobs data Dollar/yen slips towards 15-year low JSE slightly down ahead of key data
Investing Draft code for investors released FSB probes smaller unit trusts The health gap	My Business Uptick in business owners seeking jobs New PAYE tax process for SMEs Ominous issues loom over firms	Companies Sanlam 'satisfied' despite flat earnings Gautrain strike over Absa off the hook after results breach

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Meet the Boss: Disney's Anne Sweeney

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