Trade Finance is pivotal for South’s Africa’s economic growth prospects How Collateralised Trade Finance can help Michael Naidoo In the South African economy, much like many other developing countries’ economies, the importance of the manufacturing, mining and agriculture sectors cannot be underestimated as key factors to help build budding economies. As these industries can be credit-intensive, Collateralised Trade Finance (CTF) can offer unique and tailor-made solutions to counter possible financial constraints.  Michael Naidoo, CEO of FNB Specialised Finance says, “CTF involves the financing of commodities, goods and products being exported, imported, bought or sold locally and internationally. It provides structured trade finance and innovative risk-hedging solutions for traders, importers and exporters, merchants buyers and sellers, intermediaries and agents.” Cross border trade involves multiple risks and CTF structures and transfers the risks associated with tra...