South Africa

6 challenges to financial inclusion in South Africa

A street trader counts out change for a customer in Durban, September 8, 2015. South Africa's rand firmed more than 1 percent against the dollar, recovering from record lows in the previous session as bets on a rate hike in United States faded due to worries over global growth. The rand rose 1.04 percent to 13.8150 per dollar. REUTERS/Rogan Ward - RTX1RMVH

60% of purchases in South Africa are paid for in cash Image: REUTERS/Rogan Ward

Adam Ikdal
Senior Partner and Managing Director, BCG South Africa
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