Financial Inclusion Regulatory Practices in SADC

Addressing Prospects and Challenges in the 21st Century

Howard Chitimira, Tapiwa Warikandwa, Howard Chitimira, Tapiwa Warikandwa, Tapiwa Victor Warikandwa, Howard Chitimira, Tapiwa Victor Warikandwa

• Publisher: Routledge
• Year: 2023
• Print ISBN: 9781032439150
• eBook ISBN: 9781000875461
• Edition: 1
• Topic: Law
• Subtopic: Law Theory & Practice
• Index: Law

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 Africa, Namibia, Botswana, and Zimbabwe as case studies for assessing current financial inclusion in the context of particular challenges faced by unbanked and underbanked customers, who are easy targets for cybercriminals due to low levels of digital literacy, it looks into the regulation and promotion of financial inclusion in Southern Africa. The book explores financial inclusion in the context of digital transformation in the 21st century, examining the regulation and promotion of financial inclusion in the context of digital transformation, as well as the challenges related to financial inclusion. Suggesting improvements to aspects of company law, securities and financial markets in the Southern African Development Community region, the book offers a comprehensive study on the regulation and promotion of financial inclusion in the Southern African Development Community region. It will be essential reading for students and academics researching financial inclusion, international economic law and development.

Table of contents

• Cover
• Half-Title
• Title
• Copyright
• Dedication
• Contents
• List of contributors
• About the editors
• Preface
• Acknowledgements
• 1 An introduction to financial inclusion as an enabler of 21st-century Sustainable Development Goals
• 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
• 3 Financial inclusion or exclusion: A British perspective on poor underwriting questions in insurance law
• 4 “Shareholder capitalism” or an all-inclusive stakeholder model: What is the preferred corporate governance model for South Africa?
• 5 Impact of financial education on financial literacy and financial inclusion in Namibia
• 6 The role of trade finance in promoting the financial inclusion of small and medium enterprises and the poor in South Africa
• 7 Mobile money: A double-edged sword to financial inclusion and Covid-19 prevention in Botswana
• 8 Advancing financial inclusion for women in Botswana, Namibia, South Africa and Zimbabwe
• 9 Digital transformation strategies for financial inclusion in South African rural areas
• 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
• 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
• 12 Financial inclusion and youth empowerment in Botswana, Namibia, South Africa and Zimbabwe
• 13 An analysis of the policy and regulatory framework for financial inclusion in Zimbabwe
• 14 Climate change and financial inclusion in Namibia: A contemporary legal perspective
• 15 Exploring the legal protection of bank depositors as an instrument for promoting financial inclusion in Zimbabwe
• Index