THE CENTRE FOR INCLUSIVE BANKING
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:
Season's greetings - 03/12/2013
Wishing you and your family love, peace, and joy this Holiday Season and in the New Year.
Ons wens u en u gesin liefde, vrede en vreugde toe gedurende die Feestyd en in die Nuwe Jaar.
Re lakaletša wena le balapa la gago lerato, khutšo le lethabo mo Sehleng se sa maikhutšo le mo Ngwageng wo moswa.
UP student takes top honours in SAIEE competition - 03/12/2013
The 2013 National Student Project Competition of the SAIEE (South African Institute of Electrical Engineers) was hosted by the University of Pretoria on 28 November. Top final-year students from South African universities and universities of technology took part in the competition.
Projects in this year’s competition covered a wide range including the designing and development of a prototype super-capacitor-powered campus bicycle, occluded body pose estimation, the development of a robotic demonstration platform for use in the research of intelligent transport systems, and the designing of a low-cost teleconferencing system based on the Raspberry Pi.
Forensic Anthropology book launched at the Faculty of Health Sciences - 27/11/2013
Deputy Minister of Health, Dr Gwen Ramokgopa, celebrated the launch of the latest edition of The Human Skeleton in Forensic Medicine authored by Prof Maryna Steyn, a physical anthropologist and the Director of Forensic Anthropology Research Centre, based at the University of Pretoria’s Faculty of Health Sciences. She co-authored the book with Mehmet Yasar Iscan from the University of Istanbul, Turkey.
Students contribute towards saving the rhino - 27/11/2013
Students of the Tourism Management Division hosted two Save the Rhino events. The first was an exhibition in the Merensky Library of the University of Pretoria in October where ceramic rhinos, painted by students and lecturers, were showcased. The second event was a silent auction of these rhino artworks.
ASSAf recognises outstanding meritorious service - 22/11/2013
The Academy of Science of South Africa (ASSAf) has awarded Professor Robin Crewe the prestigious Gold Medal for Outstanding Meritorious Service at the launch of the Centre for the Advancement of Scholarship at the University of Pretoria. It is only the second time the award that acknowledges exceptional service to the Academy, has been bestowed since its inception in 2008.
Crewe served as President of ASSAf from 2004 to 2012. During this time, the Academy grew from a small organisation to being a well-established Academy that enables the generation of evidence-based solutions to national problems.