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This week MoneywebNOW looked at local and global healthcare stocks, the outlook for the UK economy, unsecured lending in SA, cyber threats, and retirees' income struggles.
![[TOP STORY] The impact of microfinance on the economy - Vimarsana News](https://www.moneyweb.co.za/wp-content/uploads/2014/07/245577226_4-1024x819.jpg)
Making sure that microlenders are regulated and follow specific rules around interest rates and charges will crowd out fly-by-nights in the illegal market: Monique Pennells at Absa CIB.
Non-bank lending is a key part of the financial ecosystem and is a sector which requires long-term sustainable funding, paired with appropriate regulation, to transform the African economy.
While micro-finance has its detractors, it has the potential to be a critical part of the ESG investment landscape.