Tag: FNB Business

FNB Business CEO: SME support can help lift SA out of recession

Small and medium sized enterprises play a critical role in the economic health of the country, contributing to an estimated 34 per cent of GDP. With global trade tension hurting most emerging markets performance, SME’s are proving critical as the country becomes more reliant on private equity. Mike Vacy-Lyle, FNB Business CEO joins CNBC Africa for more.

Understanding the growth of franchising in South Africa

Michael Vacy-Lyle, CEO, FNB Business spoke to CNBC Africa about the outlook for franchising in South Africa as the 7th Annual FNB Franchise Leadership Summit kicked off this week.