The debates on whether or not to regulate micro lending have shifted to finding the appropriate regulatory models. This is because countries are in agreement that being part of the greater financial services sector, micro lending plays an important role in the economic and social development of the citizens as it enables the poor to have access to credit and better their lives. To this end, Botswana has not fallen short of this global trend. Micro lending regulation plays an important role in maintaining the financial safety and soundness of any country’s financial sector. If not properly regulated, the micro lending industry can lead to undesirable incidents like financial crisis and suicide cases as it was the case in the State of Andhra Pradesh of India where borrowers were over-indebted leading them to commit suicide. Since there is not a perfect regulatory model, countries have over the years formulated regulatory frameworks for micro lending. Some of the laws failed and created more problems than they were in fact intended to solve like the 2010 financial crisis in India. In 2008 Parliament of Botswana enacted the Non-Bank Financial Institutions Regulatory Authority Act in order to regulate (NBFIs), including micro lenders. The primary purpose of this study is to scrutinize the mechanisms in place for the regulation and supervision of micro lenders in Botswana in light of those set internationally and subsequently deducing their effectiveness or lack thereof. The comparative analysis will focus on South Africa and India’s State of Andhra Pradesh. / LLM (Import and Export Law), North-West University, Potchefstroom Campus, 2015

The debates on whether or not to regulate micro lending have shifted to finding the appropriate regulatory models. This is because countries are in agreement that being part of the greater financial services sector, micro lending plays an important role in the economic and social development of the citizens as it enables the poor to have access to credit and better their lives. To this end, Botswana has not fallen short of this global trend. Micro lending regulation plays an important role in maintaining the financial safety and soundness of any country’s financial sector. If not properly regulated, the micro lending industry can lead to undesirable incidents like financial crisis and suicide cases as it was the case in the State of Andhra Pradesh of India where borrowers were over-indebted leading them to commit suicide. Since there is not a perfect regulatory model, countries have over the years formulated regulatory frameworks for micro lending. Some of the laws failed and created more problems than they were in fact intended to solve like the 2010 financial crisis in India. In 2008 Parliament of Botswana enacted the Non-Bank Financial Institutions Regulatory Authority Act in order to regulate (NBFIs), including micro lenders. The primary purpose of this study is to scrutinize the mechanisms in place for the regulation and supervision of micro lenders in Botswana in light of those set internationally and subsequently deducing their effectiveness or lack thereof. The comparative analysis will focus on South Africa and India’s State of Andhra Pradesh. / LLM (Import and Export Law), North-West University, Potchefstroom Campus, 2015

Financial problems have become a serious problem that enjoys high priority within the Employee Assistance Programme (EAP) in the Office of the Premier, Limpopo Province. It is a major concern shared by management and staff, as it continuously impact negatively on job performance due to absenteeism and the low morale of employees. The researcher became motivated to undertake this research study due to her practical and professional experience as an EAP Practitioner within the Office of the Premier. It has been observed and established by the researcher during her professional working career that financial problems are at the top of the list in terms of statistics of cases handled within the EAP Office. Furthermore, no prior study was done that could determine the nature of the problem. This situation therefore triggered the researcher to conduct a study that will determine the nature of the problem. The aim of this study is to explore the nature and effects of financial problems on employees in the Office of the Premier, Limpopo Province. In conducting this study, the researcher followed a qualitative research approach in order to elicit the views and opinions of the respondents regarding the nature and effects of financial problems. The semi structured one-to-one interview schedule was used in order to gather the data. A total of nine (9) respondents, obtained from the database of statistical records in the EAP Office, were interviewed. A purposive sampling method was used to select the sample of nine respondents from a population of eighteen (18). The researcher selected those respondents with two or more garnishee orders or loans. A theoretical discussion focusing on: the nature of financial problems as a common phenomenon, the causes of financial problems, the symptoms of financial problems, the effects of financial problems on employees, as well as guidelines on how to assist troubled employees will be presented in Chapter two. The research findings indicated that there seems to be a positive relationship between financial planning and financial problems. Few respondents believed that financial problems could result from poor financial planning. The findings further revealed that other social factors such as: overwhelming parental responsibilities of raising offsprings, loss of income by a spouse, high financial demands placed upon single parents and the rapid increase of inflation contribute towards financial difficulties. The effects of financial problems can be devastating since it impacts negatively on employees’ psychological and physical well-being. Thus, job performance suffers. / Dissertation (MSW)--University of Pretoria, 2006. / Social Work and Criminology / Unrestricted