Articles on Finance

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The first microloans were made to women in rural Bangladesh in the 1970s. Banesa Khatun (far left) here in 2006, was still using Grameen Bank 30 years later. Rafiquar Rahman/Reuters

Yes, microlending reduces extreme poverty

A new study finds that giving small loans to very poor people reduces both the incidence and depth of poverty in the developing world.
Banks are in such poor conditions that it affects Tunisians’ day to day lives. Zoubeir Souissi/Reuters

Why Tunisia’s banks are its main economic weakness

Tunisia's economy has been struggling since the country’s 2011 revolution. Corruption and bad governance within the banking sector is not helping.
Former Finance Minister Pravin Gordhan flanked by Deputy Minister Mcebisi Jonas and Director General Lungile Fuzile. GCIS

South Africa must look beyond individuals to solve the current crisis

The framing of the prevailing political protests in South Africa shows too much focus on the role of individuals. This is dangerous in hearkening back to the flawed Great Man Theory.
Young women in the survey showed less interest and knowledge on long-term investments. www.shutterstock.com

Young women can budget in the short term but struggle with long-term investments: survey

Young women are are confident in implementing budgeting and savings strategies, but lack the knowledge and confidence required to implement long-term financial strategies, a new pilot study finds.

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