Centre for Inclusive Banking in Africa

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Welcome to the Centre for Inclusive Banking in Africa
Artwork by Kaross Weaving Project, Letsitele,Limpopo

Access to and use of formal financial services by low-income and poor people is a formidable development challenge. It is estimated that more than 80% of the people of Africa have no access to formal financial services. Research shows the positive effect of access and use of formal financial services on economic growth and poverty alleviation.

These financial services involve much more than just providing microcredit. The fact is that poor people prefer access to transaction and savings services before turning to credit. It is now generally accepted that it is possible to provide viable formal financial services to the poor and there are many examples of success, but also of failure.

The low access challenge is a function of many aspects, but largely boils down to issues to do with the cost-to-clients to interact with formal financial institutions and the cost-to-serve poor clients incurred by the formal financial institutions.

The objective of the Centre for Inclusive Banking in Africa (CIBA) is to improve financial inclusion through affordable access to a range of responsible financial services for poor and low-income people, provided by viable and sustainable financial institutions that will contribute to economic development and poverty alleviation in Africa. In short, as reflected by our tagline:

INCLUSIVE FINANCE AGAINST POVERTY

News

The Centre for Mediation in Africa will convene its second Senior Government Mediation Training Workshop at the University of Pretoria from 10 to 13 July 2012. The workshop is aimed at government officials at the level of ambassador and first political secretary. The bulk of the participants will be from African countries.
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Prof Deon Meiring of the Department of Human Resource Management has been selected by the Europe & South Africa Partnership for Human Development (EUROSA) Consortium Selection Committee for a staff exchange scholarship in the framework of the EUROSA programme.
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On 11 May 2012, the Department of Nursing Science of the University of Pretoria celebrated the annual International Nurses Day, as well as the inauguration of selected members into the prestigious Africa Honor Society for Nurses.
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Saturday, 12 May 2012 marked the official launch of Xayata as a residence. “House Xayata” is now a thing of the past.
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The University of Pretoria’s Gordon Institute of Business Science (GIBS) has again been ranked the top South African and African business school in the annual UK Financial Times Executive Education rankings.
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Debating the nature and role of psychology in South Africa’s higher education institutions and society in general, Prof Cheryl de la Rey, Vice-Chancellor and Principal of the University of Pretoria, called for a new approach to the discipline which would be better suited to addressing the problems experienced by millions of South Africans.
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The Spar South African team that will compete in a three-test series in Jamaica next month includes six Tuks players.
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Last edited by: Katherine Blaine

Welcome to the Centre for Inclusive Banking in Africa

News

Welcome to the
Centre for Inclusive Banking
in Africa