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This company wants to provide clean water, using a plastic bag
Providing clean water to their people is a challenge for developing countries struggling to avert health scares while keeping a lid on costs. Three classmates from Singapore are trying to lend a helping hand, using little more than a plastic bag and a ceramic membrane.
- Categories
- Health Care
- Region
- Asia Pacific
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India’s HDFC Bank launches digital bank for SMEs
In its aim to grow its corporate market share, India’s HDFC Bank, the country’s second largest private sector lender, has announced a digital bank for its small and medium enterprises (SME) customers.
- Categories
- Uncategorized
- Region
- South Asia
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Viewpoint: Don’t Let Facebook Likes Sway Credit Decisions
What if you had to choose between keeping your Facebook friends and getting a home equity line of credit? What if your student loans could not be refinanced until you cut certain relatives out of your digital life?
- Categories
- Technology
- Tags
- fintech
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Kenya, Uganda in Plans to Pull Informal Sector Into Tax Bracket
The turnover tax was passed in the Finance Act 2006, and the rate charged is 3 per cent. Businesses taxed under this Act are expected to maintain cashbooks, sales receipts and invoices, daily sales summaries, purchase invoices and bank statements. The penalty for failing to file returns by the due date is $20.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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IFC and MasterCard to partner to broaden use of electronic payments by micro, small and medium enterprises
Universal financial access cannot be achieved by simply providing individuals a transaction account. Micro, small and medium Small Businessbusinesses—with whom most of the unbanked transact on a day to day basis—must be able to accept electronic payments.
- Categories
- Technology
- Tags
- digital payments
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Safaricom rejects Kenyan regulator’s request for free access to taxpayers’ M-Pesa accounts
Safaricom said it will not give the Kenya Revenue Authority (KRA) customer data unless laws touching on confidentiality are changed to allow the mining of such information. The KRA is seeking to gain unrestricted access to taxpayers’ bank and mobile money accounts as part of the efforts to catch tax cheats and improve revenue collection as its targets continue to rise.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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To fight superbugs, a Harvard chemist invents a new way of making antibiotics
ANTIBIOTICS — the miracle drugs of the 20th century — are beginning to fail. The latest evidence of this came in May, when a pathogen surfaced in Pennsylvania containing a gene that, if and when it spreads, would create bacteria that are invulnerable to every available drug.
- Categories
- Health Care
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Impact Investing conference to take place in Vatican
The Pontifical Council for Justice and Peace, along with Catholic Relief Services, will host the event whose focus is on capacity building for Church enterprises. Impact investing actively seeks to make a positive impact by investing in non-profits that benefit the community or in clean technology enterprises.
- Categories
- Uncategorized
- Region
- Europe & Eurasia
- Tags
- impact investing
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