Making A Better World - Milton Louw

This week I sent out an email about an email between myself and Messr. Sherbourne of Nedbank. I though I should just explain why I felt it to be a remark based on racial stereotyping. _____________________________________________________ This week, once again it has been proved that we need to have a system that forces the white-owned financial institutions to make decisions that are not based on the race or gender of a person. Mr Robin Sherbourne, Economist of Nedbank, replied to my email: Please stop sending me emails. The IPPR is still trying to recover money you owe us from 2004. I can’t believe how duplicitous you have been yet you have the nerve to write about ethics and helping SMEs – unbelievable! You give BEE a bad name. It is true that I have a default judgement against me for a business transaction I was involved in. (more on my blog at http://milton-louw.blogspot.com/2011/04/open-letter-to-robin-sherbourne-nedbank.html). The fact of the matter is that in Sou...

I am sitting in Germany struggling to establish a Credit Register System in Namibia. I have been working on this project for over 12 years in the hope that with such a system there would be more affordable credit for poor people and small- and medium-sized enterprises (SME's) in my country. With very little funding (and no salary), I have managed to get this idea on to the national agenda. All financial institutions and supervisory bodies understand the need for a credit register system to allow financial inclusion - access to banking services especially by the poor, black people of our country. To get this idea to the public I have been sending emails to individuals within government and the business sector since 1997. This morning (6 April 2011) I sent a copy of a blog about the need for a Credit Register in India to the financial services community in Namibia. "... one of the major complaints against micro-finance institutions (MFIs) is the widespread trend of multiple...