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Rwanda’s Push for Financial Inclusion: The government has set a target of 90 percent financial inclusion by 2020
Six years ago, the 2008 FinScope survey found that just 21 percent of Rwandan adults were participating in the formal financial sector. Largely in response to these figures, the government launched bold initiatives focused on financial inclusion. Now, according to World Bank researcher Douglas Randall, signs of progress are everywhere.
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What will new governor of Zimbabwe’s Reserve Bank mean for mobile money?
If you were waiting, the wait is finally over, former CBZ chief and Economist Dr Mangudya will be the new substantive Governor of The Reserve Bank of Zimbabwe. This comes at a time when the government is making deliberate efforts to re-position the Reserve Bank as the engine of Zimbabwe’s economic recovery. The Herald reports that Dr Mangudya will assume his reigns at his new no. 80 Samora Machel Ave offices effective 1 May for what could be the first of two five year terms.
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- governance, mobile finance
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Congress budget pact good for global health but NIH cuts threaten US innovations
While a ceasefire in Washington's budget wars has restored funding for a range of programs targeting global health threats like AIDS and tuberculosis (TB), the simultaneous underfunding of the world's biggest sponsor of global health research and development (R&D) puts future progress at risk, warns a new report from a coalition of nonprofit groups focused on advancing innovation to save lives. The Global Health Technologies Coalition (GHTC) released their annual policy report today at a Capitol Hill briefing.
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- Education, Health Care
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Brazil Just Became The First Country Ever To Pay Reparations For A Maternal Death
Three years after a landmark human rights ruling, Brazil offers reparations and public commemoration. But the structural inequalities that led to a 28-year-old’s death remain.
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- Health Care
- Region
- Latin America
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14 Ways to Make Sanitation Sustainable
What has more impact, new technology or behavioural change? Is there such a thing as a scalable solution that is also sensitive to cultural needs? Our panel of experts share their thoughts
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- Education, Health Care
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- governance
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Bitcoins are property, not currency, for tax purposes, says U.S. government
Wading into a murky tax question for the digital age, the U.S. Internal Revenue Service said on Tuesday that bitcoins and other virtual currencies are to be treated, for tax purposes, as property and not as currency.
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Ministry’s scepticism, Aadhaar issues hang over Nachiket Mor financial inclusion plan in India
The finance ministry has questioned the practicality of some recommendations made by a panel formed by the Reserve Bank of India (RBI) to promote financial inclusion, including a 1 January 2016 deadline it has set for making an Aadhaar-linked bank account available to every adult Indian.
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Central Bank of Nigeria gives room for microfinance bank mergers and acquisitions
There is an expectation of stronger microfinance banks (MFBs) in the country if the micro institutions that could not meet with their recapitalisation requirements, successfully engage and conclude with mergers and acquisition as they are directed by the Central Bank of Nigeria (CBN).
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