Single Borrower Limits

Banking and Financial Institutions (Credit Concentration and Other Exposure Limits) Regulations 2014 limit the total amount of credit accommodation which any bank or financial institution may, directly or indirectly, grant to any entity, and its related parties, to 25% when secured by collateral the value of which is at least 125% of the credit accommodation deemed by it … Read more

VELMA Law sponsors Tanzanian sailors to coaching

VELMA Law is very pleased to support Tanzanian sporting development and pay for the flights to South Africa for 2 sailing instructors Philemon Nasari and Hassan Said to attend on behalf of the Tanzanian Sailing Association the ISAF / Santander Emerging Nations Technical Course for Coaches in Cape Town 4 to 10 March 2013.  They shall return better trained to promote sailing developments … Read more

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