Nedbank CIB's Craig Weitz to share tips on how to diversify your income stream
In this webinar, Craig will explain how CFOs can diversify their income stream through trade.
On 19 November, CFO South Africa will be hosting a webinar in which Nedbank’s top experts will share their advice and tips on how to diversify your income stream through trade at a time when many of your competitors are bogged down by Covid-19 and the economic downturn.
Nedbank CIB’s export credit finance principal Craig Weitz will share practical examples of export deals to countries like Kenya and Tanzania, but also look beyond the African continent.
“Your company has much better opportunities to export your goods and services outside of South Africa than you probably think!” Craig says. “Both large companies and SMMEs can overcome perceived hurdles easily with the right assistance and smart finance.”
He explains that the key to success is export credit insurance, which provides a #winwinwinwin scenario to you, your prospective customer, your bank and the South African economy. Assisted by government guarantees from the Export Credit Insurance Corporation (ECIC), you can export to new clients who don’t have the ability to raise finance themselves, creating South African jobs and growing our GDP.
Craig will also spend some time looking into financing for inbound trade, outlining the various ways to make smart use of other export credit agencies in countries across the world, like the US, Germany and Italy.