Connect with us

World

More People Worldwide are Opening Bank Accounts

Published

on

In this March 9, 2013 photo, a woman uses her phone as she walks by an advertisement for a 4G telecommunications network in Hangzhou, in eastern China's Zhejiang province. On Wednesday, April 15, 2015, the World Bank said the number of people opening their first bank accounts - either on mobile phones or at bank branches - jumped by 700 million between 2011 and 2014. (CHINATOPIX via AP)

In this March 9, 2013 photo, a woman uses her phone as she walks by an advertisement for a 4G telecommunications network in Hangzhou, in eastern China’s Zhejiang province. On Wednesday, April 15, 2015, the World Bank said the number of people opening their first bank accounts – either on mobile phones or at bank branches – jumped by 700 million between 2011 and 2014. (CHINATOPIX via AP)

KEN SWEET, AP Business Writer

NEW YORK (AP) — Africans using cellphones, older Chinese, and Indians getting a push from their government have fueled an unprecedented surge of people opening their first bank accounts.

The number people with an account — either on mobile phones or at bank branches — jumped by 700 million between 2011 and 2014, the World Bank said Wednesday.

The rise in new worldwide accounts has been driven by the spread of cellphones throughout areas like sub-Saharan Africa, where a bank could be miles away, and by strong economic growth in Asia.

A bank or payment account is a gateway for people to integrate into modern society. Without an account, goods cannot be bought online, money has to be transferred physically, and savings cannot be stored safely. Remittances, where people send cash home to family, becomes expensive and time consuming.

“It’s the first step of getting into the world’s financial system,” says Asli Demirguc-Kunt, who directs research at the World Bank and co-authored its 2014 Global Findex Survey. “Basic financial services can help people save and lift themselves out of poverty and take control of their finances.”

Now, 62 percent of the world’s adult population has some sort of bank or payment account compared with 51 percent in 2011.

Mobile payment accounts are especially popular in Africa, where nearly 12 percent of the population has a mobile account compared with 2 percent worldwide, according to the World Bank. Overall account ownership in Africa rose from 24 percent in 2011 to 34 percent in 2014, largely driven by the wider use of devices.

In Kenya, the number of people with bank or payment accounts has nearly doubled in three years, with almost all the growth coming from mobile accounts. Now, nearly 80 percent of the country’s 44 million people have access to basic financial services. Tanzania and Uganda also saw a surge in accounts. More than half of farmers in the three African countries are using mobile accounts to sell their goods.

In five African countries — Ivory Coast, Somalia, Tanzania, Uganda and Zimbabwe — more adults have mobile money accounts than traditional bank accounts.

In India, account ownership has risen by 18 percentage points in three years to 53 percent. A big part of that increase is due to an Indian government program that aims to get every household to open an account. The World Bank estimates that the program spurred 125 million new accounts in four months.

Chinese account ownership also rose sharply to 79 percent in 2014 from 64 percent in 2011, with most of the growth coming from people living in rural areas as well as from older adults.

Other key takeaways on worldwide bank accounts:

— WOMEN LAG MEN:

The World Bank says 58 percent of women have an account, up from 47 percent in 2011, while 65 percent of men have a bank account, up from 54 percent in 2011. That 7 percentage point gap between the genders is consistent with the last World Bank survey, in 2011. Account ownership among women is particularly low in the Middle East, where women are half as likely to have an account. However, the gap between women and men decreased when the World Bank only considered wage-earning women.

“As women’s participation in the labor force rises, that will be one way to close the gap between women and men,” says Leora Klapper, lead economist and co-author of the Global Findex report.

Female account ownership is important because it can provide a separate, safe place for women to store savings and allows them to make their own spending decisions, Klapper says.

— A JUMP IN DEVELOPING WORLD ACCOUNTS

In the developing world, account ownership rose by 13 percentage points between 2011 and 2014. However, it still lags the developed world significantly. In the developed world, 94 percent of adults have a bank or payment account compared to 54 percent in the developing world.

— NUMBER OF ‘UNBANKED’ DROPS

In 2011, the number of adults without bank accounts totaled 2.5 billion worldwide. Now it’s 2 billion, a 20 percent fall.

— THE SURVEY:

The World Bank and Gallup surveyed nearly 150,000 people in 143 countries and territories. The survey period varied from country to country, with some interviews done as early as February 2014 and some as late as December 2014, using both phone and in-face interviews. The margin for error varied by country, and was as low as 2.2 percent in China to as high as 5.2 percent in the U.S. territory of Puerto Rico.

This is the second time the World Bank has done this survey. The original Global Findex survey was published in 2012, using 2011 data.

Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Bay Area

Liberian Presidential Candidate Tiawan Gongloe Makes Visit to Bay Area

As the next president of Liberia, Liberian presidential candidate attorney Tiawan Saye Gongloe has unveiled a 10-point plan for “A Better Liberia Agenda” and a 12-point strategy to fight corruption in Liberia, which is chief among his plans. He believes fighting corruption in Liberia will be his biggest challenge due to the characters that he wants to purge.

Published

on

Liberian presidential candidate Tiawan Saye Gongloe at the Federal Building in Oakland holding the broom symbolizing his intent to sweep out corruption in his home country.
Liberian presidential candidate Tiawan Saye Gongloe at the Federal Building in Oakland holding the broom symbolizing his intent to sweep out corruption in his home country.

By Uche J. Uwahemu

Liberian presidential candidate attorney Tiawan Saye Gongloe is making a tour of the United States to gather support for his vision of a corruption-free Liberia.

Beginning May 12, Gongloe visited several cities across the U.S., touching base with centers of the Liberian Diaspora, including the Bay Area, where approximately 10,000 Liberians live.

Known as the ‘poor man’s lawyer’ because he has helped protect the rights of the poor and journalists, Gongloe has participated in several meet-and-greets, Town Halls and high-level meetings with government officials, business and community leaders from Atlanta, Ga., to Columbus, Ohio, to Fargo, N.D., and Minneapolis, Minn.

The Oakland Post publisher Paul Cobb, Nigerian natives Uche Uwahemu, and Kayode Gbadebo sat down with Gongloe and some of his supporters at the Post’s downtown headquarters to discuss his vision for Liberia on July 13, 2022.

Friends of Gongloe Global, a group formed and dedicated to electing Gongloe to president of Liberia organized his California visit, which included a stop in Antioch. Group member and long-time Liberian civil rights activist Lovetta Tugbe could not contain her enthusiasm and support for Gongloe. “Attorney Gongloe exemplifies what a true public servant is about. He has for decades fought for all Liberians and has on many occasions almost paid with his life. He is the candidate for any Liberian that believes in freedom.”

For decades, Liberia has been plagued by corruption and insecurity. Gongloe sees no end to the suffering and lack of opportunities for the majority of the population. So, he was compelled to run for president.

Now 65, Gongloe has served the Liberian people in other official capacities, among them Minister of Labor and Solicitor General, resigning from his post in 2010.

According to Front Page Africa, “Gongloe has helped in drafting legislation for civil service reform, local government reform, forestry reform law, jury reform, anti-press laws, code of conduct for public officials, land authority act, whistle-blower and witness protection act.”

As a civil rights lawyer, he has devoted most of career to fighting for freedom of speech and equal rights for Liberian people. He has fought to bring to justice the politicians and their supporters that engaged in human rights violations in Liberia.

In addition, he has represented victims of human rights abuses.

Challenging the status quo comes at a high cost and Gongloe has the battle scars to prove it. He has been arrested and imprisoned many times. The civil rights icon has worked with many international organizations such as Amnesty International and Human Rights Watch. In 2003, Gongloe was awarded the prestigious John Humphrey Freedom Award by the Canadian government.

As the next president of Liberia, Gongloe has unveiled a 10-point plan for “A Better Liberia Agenda” and a 12-point strategy to fight corruption in Liberia, which is chief among his plans. He believes fighting corruption in Liberia will be his biggest challenge due to the characters that he wants to purge.

He carries a tightly wrapped broom that represents his unwavering commitment to fight and sweep corruption out of Liberia.  “From top to bottom, we must respect and abide by our Constitution. The president should not have the power to change the Constitution whenever she/he feels threatened or uncomfortable with the letter of the law.”

After corruption, Gongloe wants to address education. “Access to quality education is a right, not a privilege,” he said.

In order for Liberian youth and the nation to compete in the global market, Gongloe will make both primary and secondary education free. As a nation, he wants to create economic opportunities for all Liberian and he is using this U.S. tour to meet with business leaders to discuss bilateral synergies.

Gongloe wants to re-establish a mutually beneficial relationship with the United States.  He urged all Liberians across the globe to get involve and retake their country from corrupt politicians.

To learn more or support Gongloe’s presidential campaign and to learn more, contact Dr. Tuwe Mehn and Shad Mongrue (209) 242-1974.

Front Page Africa reports contributed to this story.

Continue Reading

Activism

Protest of Palestinian American Journalist’s Killing by Israeli Police Draws 500 in S.F.

“If you were a Palestinian anywhere around the world who watched the news since the late ’90s, you grew up with Shireen Abu Akleh,” said Sabreen Imtair, a San Francisco State University student and Arab Resource and Organizing Center (AROC) member in an interview during the protest. “A lot of people are saying they lost a household member. We are really feeling her loss right now.”

Published

on

Protesters march down 16th Street in San Francisco on May 14 to speak out against the Israeli killing of Palestinian-American journalist Shireen Abu Akleh, 74 years of occupation, and USA support of Israel. Photo by Zack Haber.
Protesters march down 16th Street in San Francisco on May 14 to speak out against the Israeli killing of Palestinian-American journalist Shireen Abu Akleh, 74 years of occupation, and USA support of Israel. Photo by Zack Haber.

By Zack Haber

Starting at noon on May 14, over 500 people rallied and marched in San Francisco’s Mission District to protest the killing of Palestinian American journalist Shireen Abu Akleh and 74 years of Israeli occupation of Palestine.

“If you were a Palestinian anywhere around the world who watched the news since the late ’90s, you grew up with Shireen Abu Akleh,” said Sabreen Imtair, a San Francisco State University student and Arab Resource and Organizing Center (AROC) member in an interview during the protest. “A lot of people are saying they lost a household member. We are really feeling her loss right now.”

Abu Akleh, who had worked for the Al Jazeera news network for 25 years as one of the most prominent journalists reporting in Israeli-occupied Palestinian territories, died of a bullet wound on May 11 while covering an Israeli army raid in the Jenin refugee camp in the West Bank.

She was wearing a blue vest with large white letters stating “PRESS.” During Abu Akleh’s massive funeral on May 13, Israeli police beat people carrying her casket.

“We’re not even able to bury our dead in peace,” said AROC organizer Sharif Zakout during a speech at the San Francisco protest. “It’s disgusting.”

AROC, Palestinian Action Network, Palestinian Youth Movement, and Jewish Voice For Peace organized the San Francisco demonstration. It was one of at least 60 such actions occurring between May 14-16 around the world to remember Abu Akleh and to mark Nakba Day, an annual commemoration for Palestinians that began after 1948, when the British government formally stopped recognizing the state of Palestine and recognized Israel in its place.

This sparked the Arab-Israeli war when Zionist military forces expelled over 750,000 Palestinians and captured 78% of Palestine’s land.

In an interview at the protest, Lisa Rofel, a member of Jewish Voice For Peace, spoke out against Israeli occupation and explained why the Jewish group was present.

“We’re here because we strongly support the Palestinian struggle for liberation from Israeli occupation,” Rofel said. “It’s an occupation which has been vicious, cruel and inhumane and now has turned into military rule over almost every aspect of Palestinians’ lives. We also demand an end to U.S. complicity in that occupation.”

According to a report by Congressional Research Service, the Biden administration has allocated over $3.8 billion in military financing and missile defense funding to Israel this year.

During the demonstration, a diverse array of people that included elders along with young children, marched about a mile-long route carrying signs, banners, Palestinian flags, and art as they chanted in English and Arabic. Over 18 marchers carried one giant Palestinian flag together.

Some protesters carried signs stating 55 journalists have been killed by Israeli forces since 2000, a figure The Palestinian Journalists’ Union cites.

Other protesters carried signs calling attention to Ahmed Manasra, a 21-year-old Palestinian who has been imprisoned since he was arrested at age 13 after being with his cousin, who allegedly stabbed two Israeli settlers in Pisgat Ze’ev.

The International Committee of the Red Cross, UN bodies and the International Court of Justice considers Pisgat Ze’ev an illegal settlement.

Chris Gazaleh, a Palestinian American artist based in San Francisco, made some of the art for the rally by creating signs inspired by Palestinian architecture and Arabic calligraphy to represent cities that Zionists ethnically cleansed during the 1948 Nakba.

During a speech at this year’s San Francisco Nabka rally, Rivka Louissant, a Haitian cultural worker who organizes with the an anti-war and anti-racism coalition ANSWER, spoke about how people and organizations are increasingly supporting an end to Israeli occupation and the struggle for Palestinian autonomy.

“Support for Palestinian rights and BDS is more popular than ever,” Louissant said. “The public is waking up to the evils of imperialism.”

In April of last year, Human Rights Watch accused Israel of “crimes of apartheid,” and in February of this year, Amnesty International described Israel as an “apartheid system,” and characterized its treatment of Palestinians as “a crime against humanity.”

Some local politicians have recently shown support for Israel. During a speech at the rally, AROC organizer Sharif Zakout criticized San Francisco Board Supervisor Rafael Mandelman for his recent visit to Israel for the Israel Seminar in light of Shireen Abu Akleh’s killing. Zakout characterized the seminar as “a propaganda trip.” The Israel Seminar is organized by the Jewish Community Relations Council, which has taken a public stand against the BDS movement, and has refused to denounce Israeli attacks against Palestinians. Photos from the trip, posted on May 15 and 16, also show Berkeley Mayor Jesse Arreguín, and San Mateo Councilmember Amourence Lee.

“We are here today to say the Bay Area does not put up with that BS,” said Zakout to cheers from the protesters. “We stand with oppressed people everywhere. From Haiti to Palestine to Sri Lanka, we stand by resisting all state violence, colonialism, occupation and warfare.”

Continue Reading

Activism

COMMENTARY: Beijing’s Winter Olympics? An African American Diplomat Speaks Out for the Uyghurs in China

Probably not “mass killing,” of an estimated 1 million like Pol Pot in Cambodia in the 1970s. But considering China’s restrictions on Uyghurs having children, and taking children away from families, it all falls within the conventional definition of the term, according to Naomi Kikoler, director of the Simon-Skjodt Center for the Prevention of Genocide at the United States Holocaust Memorial Museum in the latest Smithsonian Magazine.

Published

on

Emil Guillermo is a journalist and commentator. He does a talk show on www.amok.com
Emil Guillermo is a journalist and commentator. He does a talk show on www.amok.com

By Emil Guillermo

Elana Meyers Taylor, an African American and four-time Olympic bobsledder, missed out on the honor of being the U.S. flag-bearer at the Winter Olympics opening ceremony in Beijing last week.

After testing positive for COVID-19, she was forced into isolation. But by Monday she was cleared to compete in her events.

COVID-19 hangs over these games in China like a dense cloud. But it’s not the only cloud.

The other involves China’s treatment of the Uyghurs.

Pronounced “Wee-ger,” they are a centuries-old Turkic people of Central Asia, but has been annexed as part of western China for a fraction of that time. Uyghurs are often referred to as Uyghur Muslims, and that should be your clue.

In a country viewed as homogenous as China, there are actually more than 50 ethnic minorities. The ones that stick out are the Uyghur Muslims.

Uyghurs’ movements in their home area, the Chinese province of Xinjiang, are restricted. What they do. What they say. How they pray.

The Chinese have subjected them to a forced assimilation into the Chinese mainstream. It’s really the systematic erasure of Uyghur culture.

Human rights advocates would say it earns China the gold medal in oppression.

It’s the reason U.S. President Joe Biden isn’t attending the Olympics. The U.S. has joined other countries in declaring a diplomatic boycott.

And the leading voice in defense of the Uyghurs’ human rights? An African American, Linda Thomas-Greenfield, U.S. Ambassador to the U.N.

“Uyghurs are being tortured,” Thomas-Greenfield said recently on CNN. “And Uyghurs are the victims of human rights violations by the Chinese, and we have to keep that front and center.”

Mind you, as harsh and direct as those words were, Thomas-Greenfield from Louisiana, is being diplomatic. Makes you wonder just how bad it is for the Uyghurs.

The term ‘genocide’ is often used.

The Journal of Genocide Research in 2020 said many at first doubted the word should be used at all. But as British scholar Jo Smith Finley said, “More have shifted closer to this position, and others beyond our discipline have joined in.”

Genocide.

Probably not “mass killing,” of an estimated 1 million like Pol Pot in Cambodia in the 1970s. But considering China’s restrictions on Uyghurs having children, and taking children away from families, it all falls within the conventional definition of the term, according to Naomi Kikoler, director of the Simon-Skjodt Center for the Prevention of Genocide at the United States Holocaust Memorial Museum in the latest Smithsonian Magazine.

Since 2017, China has placed up to 3 million Uyghurs caught praying or practicing their Muslim religion in re-education camps. It qualifies as the largest mass internment of an ethnic-religious minority since World War II.

China calls the camps vocational training. But survivors of the detentions say they were prisoners, some subjected to torture, rape, and beatings.

And then when people “graduate” from their indoctrination, they are sent to forced labor assignments with Western companies like Adidas, Amazon, Apple, and Google.

Some are calling it a form of slavery.

The lucky ones have fled the country in the Uyghur diaspora. In the U.S., there are about 250,000 Uyghur Americans who are able to keep their language and culture intact. But many haven’t been able to contact family and friends for years.

China is using the 2022 games as a propaganda tool of Olympic proportions. It even had the lone Uyghur athlete, Dinigeer Yilamujiang, a cross-country skier, light the torch. But then wouldn’t let her speak to the media.

So, all is good in China? We should know better.

And all this because the Uyghurs are Muslim and seen by China as terrorist threats to the state.

Nothing sporting about any of that. Enjoy athletes like Elana Meyers Taylor. But heed the words of Linda Thomas-Greenfield.

She can see through Beijing’s Olympic rings. She’s fighting for the Uyghers.

Emil Guillermo is a journalist and commentator. He does a talk show on www.amok.com

Continue Reading

Subscribe to receive news and updates from the Oakland Post

* indicates required

CHECK OUT THE LATEST ISSUE OF THE OAKLAND POST

ADVERTISEMENT

WORK FROM HOME

Home-based business with potential monthly income of $10K+ per month. A proven training system and website provided to maximize business effectiveness. Perfect job to earn side and primary income. Contact Lynne for more details: Lynne4npusa@gmail.com 800-334-0540

Facebook

As the first-ranked and highest respected Black sportsman, Bill Russell used his status to lead the nation’s leading Black athletes which included Jim Brown, Lew Alcindor (Kareem Abdul Jabbar) and many others to support Muhammad Ali’s stance against the Vietnam War.
Activism4 hours ago

IN MEMORIAM: Oakland’s Own Bill Russell, 88, Greatest Athlete/Civil Rights Activist Ever (Part 1)

Photos courtesy of Ella Baker Center, photography by Brooke Anderson
Activism5 days ago

Over 500 Attend Police-Free Event to Reimagine Safety in Oakland

Digital Issues5 days ago

Oakland Post: Week of August 3 – August 9, 2022

#NNPA BlackPress5 days ago

Brittney Griner Sentenced to More than 9 years in Russian Prison

The City Council established a task force to discuss the racial issues involved in construction and the possibility of a Project Labor Agreement. The task force included some community members, including the publisher of the Oakland Post, and was mandated to address racial discrimination first.
Activism6 days ago

OPINION: Are We About to See the Permanent Exclusion of Most Black People from Construction Jobs in Oakland?

#NNPA BlackPress6 days ago

Report: Human Rights Violations in Prisons Throughout Southern United States Cause Disparate and Lasting Harm in Black Communities  

#NNPA BlackPress6 days ago

Celebrate your birthday with 10 free items

#NNPA BlackPress6 days ago

Vice President Harris Addresses NAACP Convention; Urges Black Voter Participation

#NNPA BlackPress6 days ago

Biden Administration Announces Steps to Lower Electricity Bills for Residents in HUD Programs

#NNPA BlackPress7 days ago

Police Force and Top Officials Resign in Kenly, North Carolina After City Council Hires Black Women as Town Manager

#NNPA BlackPress7 days ago

Biden-Harris Administration Announce New Actions to Address Mental Health in Schools

#NNPA BlackPress7 days ago

Will Smith Issues Apology to Chris Rock and Family for Oscars Slap

#NNPA BlackPress7 days ago

Emory University Announces the first African American Studies Ph.D. Program in the U.S. Southeast

#NNPA BlackPress7 days ago

PRESS ROOM: Autism influencer Jeremiah Josey releases a new book about his experience as a Black man with autism

#NNPA BlackPress1 week ago

IN MEMORIAM: Basketball Legend Bill Russell Dies at 88

Trending