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India Announces First Bank Licences in a Decade
India on Wednesday announced it was issuing two new bank licenses for the first time in a decade as it accelerates a push to bring more Indians into the formal banking system.
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- Uncategorized
- Region
- South Asia
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Kenya: Regulator sets tough conditions for mobile firms
Safaricom chief executive Bob Collymore is facing hard options, following last Friday’s approval of his company’s quest to acquire rival yuMobile’s assets under tough conditions.
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- Uncategorized
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Where is Bitcoin legal?
In most countries around the world, Bitcoin is neither illegal nor totally unregulated. It's somewhere in between. Bitcoin and similar virtual currencies are computerized money not backed by any official authority. Governments haven't given it their blessing, and they're trying to figure out how to deal with it.
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- Uncategorized
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Zimbabwe: Econet, mobile money agent association head for clash
The Mobile Money Transfer Agents Association of Zimbabwe and Econet are heading for a possible clash over the latter's recent directive that each of its agent should register at least five new customers per day as per their contract.
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- Uncategorized
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Sustaining Recent Social Progress May Require a Squeeze on the Rich
Latin Americans, the past dozen years have been remarkable. The region has seen a magical combination of faster economic growth, falling poverty and declining income inequality. Is this unprecedented period of progress over?
- Categories
- Education
- Region
- Latin America
- Tags
- governance
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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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- Uncategorized
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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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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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- Uncategorized
- Tags
- governance, mobile finance
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