BUSINESS NEWS

Old Mutual to relax DIMAF requirements

Struggling companies that have been failing to meet requirements to access the Distresses Industries and Marginalised Areas Fund (DIMAF) will be relieved following indications that Old Mutual has agre...

By Staff reporter | Published: 02 July 2014
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BUSINESS NEWS

Govt disburses $42m for Dimaf

Government disbursed about $42 million to distressed companies through facilities targeted at struggling firms in the first nine months of the year, an official said on Friday.The amount is, however, ...

By New Ziana. | Published: 09 December 2013
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MINING & RETAIL

GB Holdings sees increase in capacity after $1 million Dimaf funding

GB Holdings expects an increase in capacity utilisation, sales volume and an overall cost reduction after the group accessed $1 million funding from the Distresses and Marginalised Areas Fund (DIMAF)....

By finx | Published: 26 June 2013
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BUSINESS NEWS

Ministry of Industry and Commerce in the dark about the Dimaf beneficiaries

THE Ministry of Industry and Commerce is still waiting for CABS and Treasury to disburse $5 million to the 30 companies that the ministerial taskforce identified and is in the dark about the latest ...

By Staff Reporter | Published: 10 June 2013
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