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  • Mobile Banking Needs ?Standardized Innovation?

    By Jim Rosenberg Standardized innovation is the phrase used by Dialog Telekom’s (Sri Lanka) Dr. Hans Wijayasuriya at the Mobile Money Summit in Cairo today. In a phrase I think is quite useful, he was summarizing the need to have mobile banking standards, interoperability, worldwide. Right now we are observing many proprietary systems taking shape - most notably, ...

    CGAP Technology Program Blog (link opens in a new window)
  • Renault, Nissan and Bajaj plan $2,500 rival to low-cost Tata car

    Renault, Nissan and Bajaj Motors are to jointly build a $2,500 car to compete with Tata Motors’ Nano cut-price family model. The car, called ULC for ultra low-cost, will be made at a new 400,000-capacity joint-venture plant in Chakan, Maharashtra, the three companies said yesterday. Bajaj - best known for its motorcycles - and Renault and Nissan will own 50, 25 and 25 per cent of the joint venture respectively and the car will be sold from early 2011. The...

    Financial Times (link opens in a new window)
  • Awarding Social Entrepreneurship

    The Nand & Jeet Khemka Foundation and The Schwab Foundation for Social Entrepreneurship , in collaboration with United Nations Development Program (UNDP) are inviting applications for India’s Social Entrepreneur of the Year Award 2008. Five finalists will be selected following an intensive search and selection process including expert r...

    One World South Asia
  • Small Business Finance – What Works, What Doesn’t?

    May 5 and 6 saw an interesting research conference here in DC on Small Business Finance , looking at which banking practices and government interventions help foster small businesses’ access to external finance. Twelve interesting papers and a stimulating panel discussion addressed an array of issues, ranging from banks’ lending techniques over competition, government policies to informal and trade credit. Many papers and speakers questione...

    PSD Blog (link opens in a new window)
  • Selling China’s cars to the world: An interview with Chery’s CEO

    Few people took Chery Automobile seriously when it was established, a little more than a decade ago, in the city of Wuhu, in Anhui Province, China. Chery was a newcomer in a small area that had little tradition of manufacturing and was far from the country?s traditional centers of auto production, in Beijing, Changchun, Shanghai, and Wuhan. When the start-up failed to find buyers for a motor engine it had developed, there was little choice but to manufacture a car of its own so that the engin...

    McKinsey Quarterly (link opens in a new window)
  • Vodafone rules out bidding for MTN in wake of Bharti offer

    Vodafone yesterday insisted that it had no plans to make a bid for MTN, a leading mobile phone operator in Africa and the Middle East. The UK group last week reviewed the case for making a bid for MTN after Bharti Airtel, India’s largest wireless operator, made an informal offer for a controlling stake in the Johannesburg-listed company. Bharti’s indicative offer was for 51 per cent of MTN’s equity at R160 per share. That valued MTN’s entire equity at...

    Financial Times (link opens in a new window)
    Sub-Saharan Africa
  • Text Messages Empower Poor Farmers

    The BBC’s Damian Grammaticas sees how poor Indian farmers are using business text messages to get better prices for their goods. --- At the Khandova temple in Jhejuri it’s festival time. The harvest is just in and it’s time to celebrate. Thousands of farmers, dressed in white, come from across Maharashtra state to climb the steep hill up to the temple. With them are their wives wrapped in brightly coloured saris and children too. ...

    BBC News (link opens in a new window)
  • Global Poverty: More Big Business is Not the Solution

    By most accounts, UK Prime Minister Gordon Brown is genuinely passionate about reducing global poverty. But he is not willing to challenge the structures of the global economy that generate poverty, or the corporations that build, benefit from and maintain those structures. Nor, apparently, is he immune to gimmicky notions of corporate leadership to support development, or the lure of high-profile summits to shed light on new plans to do -- very little. Thus, ...

    Huffington Post (link opens in a new window)
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