1st Edition

Financial Inclusion Regulatory Practices in SADC Addressing Prospects and Challenges in the 21st Century

Edited By Howard Chitimira, Tapiwa Warikandwa Copyright 2023
336 Pages
by Routledge

336 Pages
by Routledge

336 Pages
by Routledge

Against a background of calls to prioritise the improvement of financial inclusion in Africa, this book provides an analysis of current financial inclusion measures in Southern Africa. Evaluating the existing strengths and weaknesses of financial inclusion in Africa, it identifies opportunities to improve inclusive financial services and aid poverty reduction in the region. With a focus on South... Read more

Dedication

List of contributors

About the editors

Preface

Acknowledgements

1 An introduction to financial inclusion as an enabler of 21st-century Sustainable Development Goals

HOWARD CHITIMIRA AND TAPIWA V. WARIKANDWA

2 South Africa’s initial implementation of the Financial Action Task Force’s customer identity verification standards: Perspectives and reflection on regulatory processes and approaches

LOUIS DE KOKER

3 Financial inclusion or exclusion: A British perspective on poor underwriting questions in insurance law

NEELS KILIAN

4 “Shareholder capitalism” or an all-inclusive stakeholder model: What is the preferred corporate governance model for South Africa?

JEAN JACQUES DU PLESSIS

5 Impact of financial education on financial literacy and financial inclusion in Namibia

EUKERIA WEALTH, TENDAI D. SVOTWA AND CHARLES MAKANYEZA

6 The role of trade finance in promoting the financial inclusion of small and medium enterprises and the poor in South Africa

HOWARD CHITIMIRA AND FRIEDRICH HAMADZIRIPI

7 Mobile money: A double-edged sword to financial inclusion and Covid-19 prevention in Botswana

OLIPHA MPOFU AND NEDNAH MARAGA

8 Advancing financial inclusion for women in Botswana, Namibia, South Africa and Zimbabwe

TENDAI D. SVOTWA, CHARLES MAKANYEZA AND EUKERIA WEALTH

9 Digital transformation strategies for financial inclusion in South African rural areas

GERTRUIDA VAN NIEKERK

10 “Economic inclusion” as a prerequisite and catalyst to “financial inclusion”? A case study of the economic exclusion of refugees in the Gauteng Township Economic Draft Bill

TINASHE KONDO AND YVETTE BASSON

11 The provision and administration of the Covid-19 social relief distress grant to promote financial inclusion for the poor and unemployed persons in South Africa

HOWARD CHITIMIRA AND PHEMELO T. MAGAU

12 Financial inclusion and youth empowerment in Botswana, Namibia, South Africa and Zimbabwe

EUKERIA WEALTH, TENDAI D. SVOTWA AND CHARLES MAKANYEZA

13 An analysis of the policy and regulatory framework for financial inclusion in Zimbabwe

FRIEDRICH HAMADZIRIPI AND VIMBAI JANA

14 Climate change and financial inclusion in Namibia: A contemporary legal perspective

TAPIWA V. WARIKANDWA, EUGENE L. LIBEBE, ELIZE SHAKALELA, LINEEKELA USEBIU AND MARVIN R. AWARAB

15 Exploring the legal protection of bank depositors as an instrument for promoting financial inclusion in Zimbabwe

ASHLEY B. NYAUDE

Index

Biography

Howard Chitimira is Research Professor and Professor of Securities and Financial Markets Law at the Faculty of Law, North-West University, South Africa

Tapiwa Victor Warikandwa is Senior Lecturer in Private and Commercial Law at the University of Namibia