Countries & RegionsMicrofinance in Swaziland:
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April 26, 2012 - 9:30am
from Global development: Poverty matters blog | guardian.co.uk
It is not original to remark that there is a modern-day scramble for Africa taking place. Economic growth averaging around 5% on the continent for the past decade is certainly good news compared with two decades of increasing poverty. But on the other side of the coin are the reasons for that growth: the large-scale export ...
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April 5, 2012 - 9:10am
from Mobile Money Africa
TIMOTHY SIMELANE Swazi MTN may have 50 000 people registered on Mobile Money within a space of four months, thanks to the company’s partnership with Swaziland Conference of Churches (SCC) and the Voice of the Church. The three launched a campaign yesterday dubbed, ‘Did you Know, Bowati Yini? Hamba Mali Hamba Vangeli’ whose aim is
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March 28, 2012 - 8:21pm
from Microfinance Africa
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March 7, 2012 - 4:08pm
from GiveWell Blog
Note: mothers2mothers has provided a response to this post that can be viewed below.
Summary: mothers2mothers, a well-respected group that focuses on HIV programs in Africa, published figures on its website that we have recently come to believe are erroneous. We feel this finding is important not because of what it says about ...
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February 24, 2012 - 5:03am
from MicroCapital
Swaziland’s Ministry of Finance reportedly will present a National Credit Bill to “promote fair and non-discriminatory access to consumer credit and improve the standards of consumer information” and “curb unfair lending practices” [1]. The regulation will also apply to “non-bank financial institutions such as capital markets, insurance companies, pension funds and cooperatives” [1].
The ministry also initiated a Rural Finance and Enterprise Development Program to develop ...
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January 25, 2012 - 4:18am
from MicroCapital
Merar, an emerging markets investment network, has listed the opportunity to invest up to USD 3 million in an unspecified start-up microfinance project in Swaziland. The minimum investment is USD 100,000, and the payback period is 36 months. This project will target those in Swaziland without banking services, including the unemployed, who reportedly account for 46 percent of the population. FINCORP is the only microlender in Swaziland listed by the US-based nonprofit organization ...
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January 3, 2012 - 5:35pm
from Microfinance Focus
Microfinance Focus, January 3, 2012: MERAR, the Emerging Markets Investment Network is seeking investment for a start-up microfinance project in Swaziland, Africa. The proposed MFI will provide financial assistance to young entrepreneurs in the country to start up their own businesses.
The total required investment for the project is $3 million. The minimum investment limit is $100, 000 and the cash payback period for the project is 36 months.
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September 12, 2011 - 7:12pm
from Microfinance Nigeria
Brian Benza, Mmegi Online
Civil servants, microlenders and mobile phone companies are set to emerge the biggest losers from a recent decision to withdraw the government as the “clearing agent” for credit arrangements between the three parties.
Already, preliminary estimates indicate more than P67 million on a monthly basis going out from civil servants to microlenders and cellphone providers will be affected by the move.
Government has said it will no ...
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August 15, 2011 - 6:01pm
from Global development: Poverty matters blog | guardian.co.uk
Two years on from the signing of a power-sharing agreement between President Robert Mugabe and his main political opponents, Zimbabwe faces a crunch meeting at a summit in Angola this week.The leaders of the Southern African Development Community (SADC) have demanded a "road map" for the implementation of the agreement, including timetabled ...
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August 9, 2011 - 8:43am
from Global development: Poverty matters blog | guardian.co.uk
Much is known about the physical health of ...
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August 1, 2011 - 8:12pm
from Acumen Fund Blog
A version of this post appeared previously on the blog of the Center for Social Innovation at Stanford University’s Graduate School of Business.
Every Monday morning, I sit with the rest of the office for an all-staff meeting. Each team shares updates from the past week and summarizes important upcoming meetings and deliverables. This doesn’t seem unusual. These ...
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July 20, 2011 - 4:46pm
from Mobile Money Africa
Kim Dancey, Strategic Legal Advisor, FNB eWallet Solutions
With an estimated 300 million mobile phone subscribers in Africa, USA and UK development agencies have noted that of the new technologies offering improvements to remittance services and reductions in transaction costs, mobile phones hold the greatest promise for Africa. Remittances, the money sent home by migrant workers, has gained much attention recently as an increasingly important source of income to ...
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July 13, 2011 - 7:01am
from Mobile Money Africa
In a bid to make Mobile Money accessible countrywide, MTN will have more than 120 stores as agencies for the benefit of the nation.
MTN Head of Mobile Money Sam Shongwe said the focus of the company’s newest service would be mostly on rural areas as residents have relatives who work in towns. He said the service would minimise costs of sending money home hence the decision to have more than 120 shops as agencies.
Shongwe urged rural stores that have a turnover of ...
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June 30, 2011 - 4:41pm
from Global development: Poverty matters blog | guardian.co.uk
Tuberculosis used to be a dreadful scourge a century ago. Known as the White Death, it was infamous for killing poets, writers and musicians, including Keats, Chekhov, Kafka and Chopin. Antibiotics changed all that, but only for a time. Multi-drug resistant tuberculosis (MDR-TB) is now ...
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June 28, 2011 - 4:42pm
from Global development: Poverty matters blog | guardian.co.uk
Amid all the gloomy talk of economic recession and dire warnings that the amount of money available for development aid is going to shrink, a report on the state of malaria research out on Tuesday is refreshingly upbeat. ...
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June 22, 2011 - 5:03pm
from Mobile Money Africa
Winile Mavuso
FIRST National Bank (fnb) Swaziland, cellphone banking has been a resounding success with a 473% growth.
This service allows clients to transfer money from one account to another using their cell phones. It was received with great enthusiasm by the locals as evident during the Simunye Fun Fair last year, where a substantial number of clients registered to access the service.
FNB said on Monday that ...
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June 14, 2011 - 2:49pm
from Mobile Money Africa
Ravesh Ramlakan .
CEO, FNB Cellphone Banking Solutions.
“Cellphones will change our lives as much or more as television did” – Alan Knott-Craig, Vodacom Managing Director
In the early 90s it hit our shores – one minute we were talking with it, the next we were sending each other messages with it. Once you had it, you couldn’t live without ...
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June 14, 2011 - 1:16pm
from Global development: Poverty matters blog | guardian.co.uk
Inclusion was the big theme of the African Development Bank annual meeting in Lisbon last week, an acknowledgement that impressive economic growth numbers don't tell the whole story.As the president of the AfDB, Donald Kaberuka, acknowledged at the start of proceedings, the bank had got it wrong in Tunisia ...
MIX Recent Features
May 17, 2011 - 3:51pm
from MIX Recent Features
Le rapport Afrique subsaharienne 2010 Benchmarking et Analyse du secteur de la ...
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May 17, 2011 - 6:00am
from Global development: Poverty matters blog | guardian.co.uk
Social protection was recently described by Madeleine Bunting as "the next big idea to combat poverty". At its simplest, social protection has been ...
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