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Apollo pins hopes on affordable healthcare
Apollo Hospitals will bank on its own revenues for its rural healthcare drive under the brand Apollo Reach, with an aim at faster return on capital expenditure. “We have 10 Reach hospitals in operation. In the next three years, we’ll have 1,300 beds set up in Tier I cities, and another 1,100 in Tier II cities,” said Joint Managing Director Suneeta Reddy. Setting up a Reach hospital in a Tier II city will cost about Rs 50 lakh, which is less than half of what it takes for a healthcare centre in a city, she said. Each Reach hospital has about 120 beds.
- Categories
- Health Care
- Region
- South Asia
- Tags
- public health
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Social Business Finalists Unveiled in the Siemens Stiftung ‘Empowering People’ Award
The Siemens Stiftung organized an international competition to find simple but intelligent technological solutions with the capacity to sustainably improve the lives of people in developing countries. The international jury will announce the top three winners at the Award Ceremony in Nairobi. They will receive prize money of 100,000 EUR in total. From now until October 21st, anyone can take part in the online voting and choose their personal favourite for the special community prize.
- Categories
- Uncategorized
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Indonesian farmers need innovative financing to boost productivity
The Indonesian Chamber of Commerce and Industry (Kadin Indonesia) is calling for better access to finance for farmers to help increase their productivity.
- Categories
- Agriculture
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Safaricom Cautions Kenya Over Higher Taxes
Kenyan mobile operator, Safaricom, has warned the government that further increases in Excise Tax – a duty levied on goods or services for sale – will make mobile payment services less affordable for poorer citizens.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Editorial: E-banking requires better technology support for operation
Mobile banking is gaining ground among the people of the country since the Bangladesh Bank (BB) formulated a guideline nearly two years ago. Mobile banking grew at a faster pace, proving that it is more useful than the formal banking. Transaction through mobile banking service has been increasing at a rate of 20 per cent every month. Some 7.2 million people now make the use of different services under mobile banking services through more than one lakh outlets across the country.
- Categories
- Uncategorized
- Region
- South Asia
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Digital payments key to financial inclusion, says Gates report
Digital payments systems are key to providing wider access to financial services, but customers in developing countries may have to pay each time they use them in order for the economics to stack up, according to a new report on financial inclusion from the Bill and Melinda Gates Foundation.
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- Uncategorized
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Vikram Akula tries a second coming at SKS Microfinance
Vikram Akula, the poster boy of Indian microfinance who ran into trouble in the company he founded after it was listed, may be eyeing a return to its top post, with a key shareholder backing him.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- microfinance
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Let’s Make Money More
Impact investing is still seen as a niche market – yet to “cross the chasm” into the mainstream, as we say in the technology world.
- Categories
- Uncategorized
- Tags
- impact investing
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