Regulatory
South Africa Mandates Licensing for Digital Asset Exchanges by December
South Africa has announced that digital asset exchanges will be required to obtain licenses by the end of the year, with the aim ...
Regulatory
South Africa Set to Mandate Licenses for Crypto Exchanges by Year-End
South Africa is poised to become the first country on the African continent to implement a licensing requirement for digital asset exchanges. According ...
News
SA: South African Crypto Exchanges Mandated to Obtain Licences for Operation
According to recent reports from Bloomberg, the Financial Sector Conduct Authority (FSCA) of South Africa will require all crypto exchanges in the country ...
News
South Africa: South Africa Consumer Confidence Slumps in Q2
Consumer confidence in South Africa fell to -25 points in the second quarter from -23 points in the prior three-month period, the Bureau ...
South Africa
SA: Three SA startups selected for this year’s Google Black Founders Fund
Google for Startups (GfS) has announced the 25 African startups that have been selected for this year’s $4 million Black Founders Fund. For those ...
News
South African Company Maltento Secures USD 3.3 M Funding
Maltento, a company dedicated to unlocking the functional compounds of insect-based feed solutions, has recently concluded a capital raise of USD 3.3 M ...
News
South Africa Faces Headwinds, Debt-GDP Ratio Jumps to 70%
South Africa’s economy is facing mounting economic and social challenges, the executive board of the International Monetary Fund (IMF) said after the conclusion ...
News
South Africa Launches SAAIA, an Artificial Intelligence Industry Association
The South African Artificial Intelligence Association (SAAIA) has been inaugurated. The industry body focused on promoting the advancement of responsible AI in South ...
Regulatory
South Africa introduces new regulations on moving assets overseas
Under the previous system, any individual could use their foreign investment allowance to transfer up to a total of ZAR10 million a year ...
News
SA: Following greylisting wakeup call, SA seeks to revamp its financial services regulations
On February 24, the international financial crime watchdog, the Financial Action Task Force (FATF), announced that South Africa has been added to its “grey list”. ...