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Reform to boost not-for-profits
Amendments to the 2005 Enterprise Law aim to enable social enterprises to operate more efficiently, Director of the Central Institute for Economic Management, Nguyen Dinh Cung, told the Viet Nam Investment Review.
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Mobile money use on the rise in West Africa
Various strategies are being used to encourage use of mobile money services
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- Sub-Saharan Africa
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Smart, Citi tie-up for e-payments
MANILA, Philippines—The mobile money unit Smart Communications is partnering with Citibank Philippines, allowing clients to settle bills using mobile platforms, a statement showed.
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Weekly Roundup – 5/17/14: How big is the BoP? IFC’s Global Consumption Database offers answers
The IFC has updated and significantly expanded the picture of the market first articulated by “The Next 4 Billion” report and this week delivered it in a publicly accessible resource called The Global Consumption Database. More than 1 million household surveys, conducted between 2005 and 2010, provide the source data for the database. The free database is designed it help large companies and small social enterprises devise future strategies.
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Small businesses in Kenya embrace mobile money payments
Small business operators in Kenya have for many years resisted mobile money payments as they preferred cash transactions.
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- Sub-Saharan Africa
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Vodacom Tanzania, CBA launch mobile money banking product
Vodacom Tanzania and Commercial Bank of Africa (CBA) have launched a banking service named M-Pawa allowing Tanzanians to save and borrow money on their mobile phones.
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- Sub-Saharan Africa
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Why Government Should Help Poor People Get Bank Accounts
The former head of consumer affairs in New York City explains why helping the poor manage money more wisely would also help government manage their money more wisely.
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PRESS RELEASE: MIX Introduces Groundbreaking System For Analyzing Data On Financially Underserved Communities
First Platform for Coordinated Delivery of Responsible Financial Services to the Unbanked
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