With the details of the South African micro insurance regulatory framework soon to be finalised, questions still remain as to how best to approach formalisation and enforcement of informal funeral parlours. Previous research showed that enforcement will not be an easy task, as it is a fragmented industry where informal insurance is key to many […]
The ultimate aim of policies and strategies for financial inclusion is to increase access to formal financial institutions and increase the uptake and usage of financial products and services (i.e. those provided by regulated service providers). The target of the Government of Rwanda is to increase financial inclusion to 80% by 2017. FinMark Trust launched […]
FinMark Trust, in collaboration with the SADC Secretariat hosted a SADC financial inclusion strategy workshop in February 2016. The workshop which was represented by 14 countries was the result of the Report on Financial Inclusion (FI), where the Ministers of Finance and Investment directed the SADC Secretariat to partner with FinMark Trust to develop a […]
This report was commissioned by FinMark Trust with the support of the SADC Payment System Subcommittee and Committee of Central Bank Governors (CCBG) Legal Subcommittee as the first step in a long journey towards a harmonised legal and regulatory framework for payments in the SADC.
Worldwide, countries have been increasing their efforts to expand the financial services sector, particularly to low income consumers. However, increasing access to financial services also increases the risk of loss and exploitation on the part of the consumer. In order to minimise these risks and protect consumers, and to ensure that FSPs act in an […]
This book titled “An Excluded Society? Financial Inclusion in SADC through the FinScope Lenses” provides an in-depth analysis of the current state of financial inclusion in the twelve Southern African Development Community (SADC) states. It contains informative and diverse reviews from industry experts on the challenges and opportunities that regulators and the private sector ought […]
A wide divergence exists in the level of credit information sharing across different SADC member countries as well as in the structure of the credit bureau sector and the corresponding regulatory environment. Harmonisation of regulations and approaches across SADC will contribute positively to increasing the level of credit information sharing and thus the goal of […]
This occasional research paper utilized data from the FinScope Small Business Survey South Africa 2010 covering 5,667 small businesses. An econometric model was developed to estimate the effect of access to credit on firm size. A model for sole proprietorships including licensed businesses was separately estimated from the one for close corporations due to the […]