It is estimated that around 1.6 billion adults worldwide remain unbanked, which excludes them from access to credit due to a lack of formal banking or income histories. Clayton Hayward, Group CEO of EFT Corporation, says fintechs can create accurate credit profiles and open access to financial services.

Thami Ngubeni spoke to Clayton Hayward, Group CEO of EFT Corporation.

It is estimated that around 1.6 billion adults worldwide remain unbanked, which excludes them from access to credit due to a lack of formal banking or income histories. Clayton Hayward, Group CEO of EFT Corporation, says fintechs can create accurate credit profiles and open access to financial services.
Thami Ngubeni spoke to Clayton Hayward, Group CEO of EFT Corporation.

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.

Business Africa

Africa in Business

"Fintechs can create accurate credit profiles for the unbanked," says Clayton Hayward, Group CEO of EFT Corporation

In the market slot, Thami Ngubeni speaks to Thabiso Tshabalala, Credit Card Product Head at FNB at how the rise in cost of living is impacting South African households in terms of budgeting and managing debt….

In the market slot, Thami Ngubeni speaks to Thabiso Tshabalala, Credit Card Product Head at FNB at how the rise in cost of living is impacting South African households in terms of budgeting and managing debt&hellip;.

Market wrap with FNB

West African leaders yesterday signed an agreement that approved the construction of a gas pipeline linking Nigeria to Morocco. This happened at a summit of regional bloc ECOWAS in Sierra Leone's capital Freetown. The establishing of the framework for the Nigeria-Morocco Atlantic gas pipeline is said to be a major energy infrastructure project, which is expected to transport natural gas from Nigeria to Morocco before connecting to Europe's gas network. It will cross 13 countries along Africa's Atlantic coast, carrying Nigerian gas to Morocco before connecting to the Maghreb-Europe pipeline. For a perspective on this, Thami Ngubeni spoke to Professor Vally Padayachee, power and energy expert and a former executive manager of Eskom SA and a former senior executive of City Power Johannesburg...

West African leaders yesterday signed an agreement that approved the construction of a gas pipeline linking Nigeria to Morocco. This happened at a summit of regional bloc ECOWAS in Sierra Leone's capital Freetown. The establishing of the framework for the Nigeria-Morocco Atlantic gas pipeline is said to be a major energy infrastructure project, which is expected to transport natural gas from Nigeria to Morocco before connecting to Europe's gas network. It will cross 13 countries along Africa's Atlantic coast, carrying Nigerian gas to Morocco before connecting to the Maghreb-Europe pipeline. For a perspective on this, Thami Ngubeni spoke to Professor Vally Padayachee, power and energy expert and a former executive manager of Eskom SA and a former senior executive of City Power Johannesburg...

West African leaders sign agreement approving construction of a gas pipeline linking Nigeria to Morocco

Kelvin Chisanga is an economist who is no stranger to this show. This time he penned an article about how Zambia's economy reacts to an election. Next month in August, the country is going to the polls and the focus is always around the economy. Mr Chisanga is pointing out that Zambia's business environment has remained relatively resilient and very stable as the country is building up to the elections. The tourism sector is often used in other countries to gauge how the results are received, but he says that this period continues to benefit from the country's reputation as a peaceful destination. Mr Chisanga spoke to Thami Ngubeni to share his thoughts....

Kelvin Chisanga is an economist who is no stranger to this show. This time he penned an article about how Zambia's economy reacts to an election. Next month in August, the country is going to the polls and the focus is always around the economy. Mr Chisanga is pointing out that Zambia's business environment has remained relatively resilient and very stable as the country is building up to the elections. The tourism sector is often used in other countries to gauge how the results are received, but he says that this period continues to benefit from the country's reputation as a peaceful destination. Mr Chisanga spoke to Thami Ngubeni to share his thoughts....

"Fintechs can create accurate credit profiles for the unbanked," says Clayton Hayward, Group CEO of EFT Corporation

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