MEs will start receiving credit facilities from a consolidated fund to be established through a Public Private Partnership.
Industry and Trade Cabinet Secretary Peter Munya says, the government and players in the financial sector are finalizing drafting a bill that will among others see the government act as a guarantor for the SMEs in a bid to de-risk small businesses.
Access to credit has been among challenges that small and medium enterprises face with most financial institutions hesitant to loan them.
19 Jul, 2019  0  Comments
More than half of Manx people risk falling foul of online scams after admitting they use the same password for several accounts, a survey has found.
Nearly all respondents said they... ...Read More
18 Jul, 2019  0  Comments
By Brittney Kleyn
A former Kenyan news presenter has pleaded guilty to trying to cover up the manslaughter of her three-year-old son north of Brisbane in 2014.
Key... ...Read More
17 Jul, 2019  0  Comments
Ransomware, cryptojacking, and business email compromise attacks all ramped up the financial losses due to cyber breaches, according to the Online Trust Alliance.
Despite the number of... ...Read More
15 Jul, 2019  0  Comments
Full story: Donald Trump claims trade war is working as China's economy slows
If you’re just tuning in, here’s our news story on the Chinese growth figures....... ...Read More
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