country | South Africa

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Applying the Risk Based Approach in South Africa Report

The risk based approach is a new practice within the AML/CFT field (since 2012). There exists a uniform and across-the-board perception within the AML/CFT community that remittances (particularly cross-border remittances) are by definition more susceptible to ML/TF risks than are other financial products and services. However, there has hitherto also been a lack of decisive […]

Inclusion Policy Coordination and Advocacy
SA FI
SADC FI
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Top six insights on Gender from FinScope data across the SAD...

FinScope data analysis has revealed many insights on gender. The analysis shows high levels of exclusion for women in Southern African Development Community (SADC) with a recorded 35% of women excluded, compared with 30% for men. This reflected a gender gap of 5% compared to the global gender gap of 7%. Some of these gender […]

FinScope
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FinScope South Africa Consumer 2018 Results Factsheet

The FinScope South Africa 2018 Survey highlighted many issues pertinent to financial inclusion in South Africa. A key highlight for FinScope South Africa Consumer 2018 results highlight how South Africans are facing economic hardships with about 1 in every 5 adults borrowing to buy food. Another key highlight is how the study shows that the financial sector continues […]

FinScope Consumer
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Impact Evaluation of Savings Groups and Stokvels in South Af...

The emphasis of financial inclusion is now on how more competitive financial markets can work better for poor people (Porteous, 2004). It acknowledges that increasing financial inclusion requires a better understanding of how services, formal and informal, can meet people’s needs (Ledgerwood and Jethani, 2013). The current economic situation in South Africa presents a large […]

SA FI
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Research Report on Mobile Money in South Africa

The research report study focused on the factors that drove the termination of mobile money services in South Africa focusing on the institutional environment, market environment, end user environment and adoption and availability. The secondary objective was to identify barriers to launching effective mobile financial services (MFS) in South Africa with a specific focus on […]

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Digitisation of social grant payments and financial inclusio...

A quarter of South Africans rely on social grants and the grant allows millions to access formal financial services. However, the extent to which social grants have contributed to financial inclusion of social grant recipients has not been documented. Therefore, this report was prepared to highlights the trends in financial inclusion among social grant recipients […]

FinScope
SA FI
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Case Study – Using Information as a Driver of Change: ...

In August 2016, FSD Africa launched a case study series on the art of financial market facilitation with a desire to learn more about the art of market facilitation in action. In response, and in partnership with CGAP, DCED and the FSD Network, FSD Africa commissioned the Springfield Centre to prepare a suite learning case studies. The seven case study […]

FinScope
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Is Education and Data Burning a Deeper Hole in The Pockets o...

Johannesburg, 23 September 2016. In the wake of the #DataMustFall campaign, it seems that the data revolution might have a valid and legitimate plea. The campaign founders made a presentation before the Parliamentary Communications and Postal Committee on the 21st of September 2016 on the costs of data in the country. According to the soon-to-be launched […]

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Agricultural Subsidies in SADC Countries

FinMark Trust has commissioned this research as part of its broader mandate to improve financial inclusion of the poor. In this case, given the significance of the agricultural sector in most Southern African Development Community (SADC) countries, the stated purpose has been to assist SADC and SADC states to make informed decisions regarding the payment […]

FinScope
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Financial Access & SME Size in South Africa

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 […]

FinScope MSME
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FinScope South Africa 2015 Consumer Survey Launch Presentati...

The 2015 FinScope survey shows that in South Africa levels of financial inclusion remain stable at 87% compared to 86% in 2014. About 31.2 million (84%) of adults are formally served, that is they have a bank and other formal non-bank product/services, compared to 80% in 2014. While overall inclusion figures have not changed substantially, […]

FinScope Consumer
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South Africa report on AML/CFT and financial inclusion in SA...

FinMark Trust conducted a study to consider the extent to which the AML/CFT regulations of the SADC countries could be harmonised and calibrated in order to increase financial integration and access to financial services within the region. The study considered the FATF Standards, the ESAAMLG evaluation reports and research, the FATF Guidance note on Financial […]

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Media statement: Xenophobic violence in South Africa and its...

Johannesburg, 22 April 2015. FinMark Trust is concerned with the recent spate of xenophobic violence in South Africa as it is contrary to the very fundamentals of regional integration which is essentially based on the creation of a wider economic space for inclusive growth. As an organisation dealing with financial markets, FinMark Trust has undertaken a […]