The Centre for Financial Inclusion’s CEO, Nomcebo Hadebe notes that the recently launched Eswatini Gender Inclusive Finance Road Map is about creating a platform where women will have equal opportunities as men, and compete as equitable members of society. The Gender Road Map through key stakeholders will allow the recognition of the specific needs of various sectors of the women’s market at different stages
By Ntokozo Nkambule
The Eswatini Gender Inclusive Finance Road Map has been officially launched by the Minister of Finance, Neal Rijkenberg. The event took place at the Happy Valley Hotel, yesterday.
The Centre for Financial Inclusion (CFI) which has been responsible for the project, through its Chief Executive Officer, Nomcebo Hadebe notes that the Eswatini Gender Inclusive Finance Road Map is about creating a platform where women will have equal opportunities as men, and compete as equitable members of society.
The gender Road Map through key stakeholders will allow the recognition of the specific needs to various sectors of the women’s market at different stages in their lives.
“The Gender Road Map was developed through a consultative process with key stakeholders, which include women groups, traditional leadership, policymakers, financial regulators and the financial institutions, fintechs and other relevant actors. It will allow for the recognition of the specific needs to various sectors of the women’s market at different stages during their life cycle. The Roadmap will facilitate understanding of the distinct nature, interests and behaviours of the different groups that make up the women’s market”
CFI’s Prudence Mnisi who is the National Financial Inclusion Strategy Programme Manager said women in the country were financially marginalized which is why the Eswatini Gender Finance Road Map is so important.
Mnisi further noted that the FinScope 2018 Survey notes that women play a huge role in the MSME space and GDP of the country. ‘Women’s financial inclusion is a key pillar for the economic development of the country. Only 27 percent of women entrepreneurs own high growth MSME businesses compared to 45 percent of men” she notes.
The EGIFRM is the outcome of the collaboration of a number of stakeholders, particularly the Centre for Financial Inclusion (CFI), the Central Bank of Eswatini (CBE), the Financial Services Regulatory Authority (FSRA), among other key stakeholders. The road map is a living document which will help all the national stakeholders to concentrate their efforts and resources and ensure that no woman in Eswatini risks being left behind.
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