Trade finance still a worry despite recovery
Tuesday, May 18, 2010
Practitioners in the $10-trillion market are now talking to regulators to ensure that efforts to stop banks hiding toxic assets do not make it harder and costlier to extend trade finance, traditionally one of the safest forms of credit.
The World Trade Organisation will host a meeting of trade finance bankers, international financial institutions and regulators on May 18 (today) to monitor the state of the market ahead of the G20 summit in Toronto next month.
March 28 will go down as a day that Batswana will never forget because of the accident that occurred near Mmamatlakala in Limpopo, South Africa. The tragedy affected not only the grieving families but the nation at large. Batswana throughout the process stood behind the grieving families and the governments of Botswana and South Africa need much more than a pat on the back.Last Saturday was a day when family members said their last goodbyes to...