Financial inclusion will be vital in a post-pandemic world

The world will never be the same as Covid-19 has created a springboard for the fourth industrial revolutionThe coronavirus has changed the world as we know it, with few things left unscathed by the pandemic. T

The full value of e-commerce emerged, as it was possible to fill our fridges and cupboards, as well as medicine cabinets, without leaving our homes. Many of these e-commerce platforms will hopefully continue to flourish long after the lockdown, now that people have experienced their value and the convenience of online shopping.

The entire world — and, indeed, our own country — was already grappling with the introduction of the 4IR in the broader spheres of society, long before Covid-19 was unexpectedly unleashed on an unsuspecting and less-than-ready world. Yet, while the internet is the answer to many coronavirus lockdown problems, billions of people around the globe still can’t get online.

Globally, about 1.7-billion adults remain unbanked, while the World Bank estimates that as many as 66% of Sub-Saharan Africans are still unbanked. SA has about 11-million people functioning without an account at a financial institution, often through a mobile money provider.

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Clear communication from government is essential in this time of extreme uncertaintyThis is a time of heightened anxiety for many people. Sassa needs to fix its poor communication so as not to cause further confusion by needlessly turning back people for not meeting grants requirements that were not stipulated, writes Kmoeti Kmoeti this is how CyrilRamaphosa and goons fighting to keep their knees on citizens neck, killing small businesses and killing citizens civil rights to choose, all in the name of covid 19, this is Bullsh*&t by African National Covid 19 Looters ! Kmoeti IFC_org BBCWorld WHO EU_Commission eu_eeas AusGov NewZealandGov EnglandGov MoodysInvSvc stat_world questCNN MinPres NEDemocracy
Source: City_Press - 🏆 7. / 72 Read more »

THONESHAN NAIDOO: Telemedicine to play a bigger role as pandemic disrupts patient prioritiesWith the focus on fighting Covid-19, many other procedures and treatments have taken a back seat
Source: BDliveSA - 🏆 12. / 63 Read more »

Covid-19 sparks budget woes for City of TshwaneThe City of Tshwane is looking at huge budget shortfalls amid low revenue collections due to the Covid-19 pandemic
Source: TimesLIVE - 🏆 28. / 59 Read more »

'I know how it is to go hungry': Bulls prop Gqoboka helps out in Covid-19Springbok and Bulls prop Lizo Gqoboka and some of his teammates have gifted food parcels to vulnerable families throughout Tshwane who have been the hardest- hit by the Covid-19 pandemic.
Source: TimesLIVE - 🏆 28. / 59 Read more »

LIVESTREAM: Ramaphosa visits Western Cape to assess COVID-19 responsePresident Cyril Ramaphosa is in the Western Cape to assess the readiness of the province in response to the COVID-19 pandemic. Ngithe take them back to level 5 kalok Any 'selfies' for the course? Mr President CyrilRamaphosa hasn't practised lockdown
Source: eNCA - 🏆 49. / 51 Read more »

WATCH: How low growth is weighing on small capsNedbank CIB’s Avinash Kalkapersad talks to Business Day TV about the survival of small-cap stocks during the pandemic
Source: BDliveSA - 🏆 12. / 63 Read more »