Barclays Encourages Others To Follow Suit

Reinette Van Der Merwe
Reinette Van Der Merwe

This World Savings Day, Barclays and leading charities CARE International and Plan UK celebrate providing access to informal financial services to nearly 300,000 young people across Africa.

The bank now calls on other financial institutions to follow suit and implement innovative savings models, enhanced by the latest technologies.

There are currently nearly 2 billion financially excluded adults around the world. Despite the introduction of mobile money and clever smartphone applications, 38 percent of all adults have no access to formal financial products. Working in partnership on a programme called Banking on Change with NGO’s CARE International and Plan UK, Barclays has set out to change this.

Editor's Comment
CoA brings sanity to DIS/DCEC long-standing feud

This decision follows the raiding of the office of the former Director General of the DCEC, Tymon Katlholo early 2022 and his staff officer by the DIS operatives who reportedly took files that they had targeted.After all back and forth arguments, the CoA has set the record straight giving an invaluable lesson to the DIS that it was no super security organ and it does not have any powers to cogently supervise other security organs including the...

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