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Tanzania: Concern As Higher Banking Fees Come Into Effect Today
Stakeholders say the increase threatens to reverse gains made in financial inclusion in the country. Banks have announced that fees charged on services such as withdrawals would increase following the government's decision to impose 18 per cent value added tax (VAT) on the charges.
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- Region
- Sub-Saharan Africa
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Deposits up 118 percent over 21 months in India’s Jan Dhan financial inclusion program
The average deposit per account under the Pradhan Mantri Jan Dhan Yojana (PMJDY) - a financial inclusion programme launched by Prime Minister Narendra Modi in August 2014 - increased 118 per cent from Rs 795 in September 2014 to Rs 1,735 in May 2016, according to IndiaSpend analysis of government data.
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- Uncategorized
- Region
- South Asia
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Perspective: Stop Social Entrepreneurship
Social Entrepreneurship has become the new buzzword among start-uppers and venture capitalists across the world. Myths of ‘Hero-preneurs’ who change billions of lives are showcased daily by international foundations and leading economic media.
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NextBillion's weekly e-newsletter is designed to be a crib sheet for anyone interested in exploring the connection between development and enterprise. It offers a snapshot of our offerings, including links to the most thought-provoking posts, compelling quotes, photos and other highlights from the week on NextBillion.
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Mexico to Accelerate Path to Financial Inclusion
Earlier this week, Mexico launched its National Financial Inclusion Strategy (NFIS), which will accelerate access to financial services for the more than half of the population currently left out of the formal and regulated financial system. 44% of adults in Mexico own a bank account.
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- Uncategorized
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- Latin America
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How Barclays Aims to Bring a Billion Unbanked into the Fold
Though its parent company, the $1.8 trillion-asset Barclays PLC, has had operations in Africa for more than 100 years, today Barclays Africa has only 12 million customers, about 1% of the continent's total population.
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- Technology
- Region
- Sub-Saharan Africa
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A Quick, Simple Malaria Test, and Why It Matters
What problems does a noninvasive, simple test for malaria solve? According to Fyodor, the makers of just such a test which retails for about $2, it can help curb the issues of inappropriate treatment, over-treatment, self-medication or presumptive treatment.
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- Health Care
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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.
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- Health Care
- Region
- Asia Pacific
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