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85% of adults in South Africa now have a bank account, says World Bank

The percentage of people, over the age of 15, has risen sharply from 54% in 2011 to 84% in 2021. The World Bank says mobile money has been a game changer.

Paying Private Sector Wages by Mobile to Add 20 Million People in Financial System

Paying Private Sector Wages by Mobile to Add 20 Million People in Financial System
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Pandemic catalysed growth in use of digital payments: Report

After great anticipation, the World Bank recently released 'The Global Findex Report 2021'. The Global Findex surveys over 125,000 adults in 123 economies during COVID-19 to better understand how people use formal and informal financial services and digital payment.

Nigerian Adults With Opened Bank Accounts Peaks At 45% — World Bank

According to the World Bank, the number of Nigerians holding accounts at regulated institutions such as banks, credit unions, microfinance.

Parliament passed the Finance Bill 2022

Parliament passed the Finance Bill 2022
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