Wednesday 20 June 2018
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businessdaily
6 days ago

Trade credit risks discussed at Zimnat conference

The majority of trade transactions across the world are conducted on open account terms, supported by a purchase order and invoice with mutually agreed payment terms as the basis for trust, according to Continental Reinsurance Kenya managing director Souvik Banerjea.He told the Zimnat Trade Credit Insurance Conference in Harare on Friday (June 8) that 80 to 85 percent of trade transactions were on...

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