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

As anti-illegal migrant marches continue to spark debate across South Africa, attention is turning to their broader impact beyond politics and public safety. While supporters argue that the demonstrations are aimed at addressing crime and undocumented migration, critics warn they could harm South Africa’s international reputation, weaken investor confidence, discourage tourism, and fuel perceptions of xenophobia.

To unpack the potential economic and branding implications, the programme is joined by economic brand specialist and Managing Director of Reputation 1st, Tshepo Matseba.

As anti-illegal migrant marches continue to spark debate across South Africa, attention is turning to their broader impact beyond politics and public safety. While supporters argue that the demonstrations are aimed at addressing crime and undocumented migration, critics warn they could harm South Africa&rsquo;s international reputation, weaken investor confidence, discourage tourism, and fuel perceptions of xenophobia.
To unpack the potential economic and branding implications, the programme is joined by economic brand specialist and Managing Director of Reputation 1st, Tshepo Matseba.

Debate grows over economic impact of anti-illegal migrant protests

In today’s market segment, the focus is on the economic week that was, including oil prices, which have fallen to pre-war levels. Attention also turns to South Africa’s consumer confidence, which declined in the second quarter of this year.

To unpack these developments and what they could mean for the economy, FNB senior economist Koketso Mano joins the discussion.

In today&rsquo;s market segment, the focus is on the economic week that was, including oil prices, which have fallen to pre-war levels. Attention also turns to South Africa&rsquo;s consumer confidence, which declined in the second quarter of this year.
To unpack these developments and what they could mean for the economy, FNB senior economist Koketso Mano joins the discussion.

Africa market update with FNB senior economist Koketso Mano

Africa’s agri-food sector is in focus as Nairobi hosts the FINAS 2026 Summit from June 30 to July 2, bringing together over 1000 stakeholders from government, finance and business. The summit aims to close a financing gap of more than $100 billion and boost investment into Africa’s food systems, which employ over 60% of the workforce.

Discussions will focus on climate-smart agriculture, blended finance and new investment models to support farmers and agribusinesses across the continent.

Joining the discussion to share more on the summit is Professor Hamadi Boga, Chair of FINAS and Vice President in charge of programme delivery at AGRA.

Africa&rsquo;s agri-food sector is in focus as Nairobi hosts the FINAS 2026 Summit from June 30 to July 2, bringing together over 1000 stakeholders from government, finance and business. The summit aims to close a financing gap of more than $100 billion and boost investment into Africa&rsquo;s food systems, which employ over 60% of the workforce.
Discussions will focus on climate-smart agriculture, blended finance and new investment models to support farmers and agribusinesses across the continent.
Joining the discussion to share more on the summit is Professor Hamadi Boga, Chair of FINAS and Vice President in charge of programme delivery at AGRA.

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

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