Regulatory
SA: Vodacom Faces $53,000 Fine in South Africa for 75% Cancellation Fee Violation
South African telecom giant Vodacom has been issued a 1 million Rand ($53,000) administrative fine by the National Consumer Tribunal for contravening the ...
News
South African Insurtech, Simply Financial Services, Secures Significant Funding from Hollard Group
South Africa-based insurtech company, Simply Financial Services, has successfully secured a significant, undisclosed investment from the Hollard Group. Hollard’s investment in Simply Financial ...
News
Crypto Fest 2023 Sparks Global Conversations on Blockchain and Cryptocurrency
Cape Town, South Africa, October 2023 – Bitcoin Events proudly announces Crypto Fest 2023, the 5th annual gathering of cryptocurrency and blockchain enthusiasts. This ...
South Africa
South Africa: Stitch Secures Additional $25 Million in Series A Funding, Bringing Total to $46 Million
Stitch, the South African API fintech startup, has successfully raised an additional $25 million in funding, expanding its Series A funding to a ...
News
South African Telcos Given Deadline to Settle Outstanding Spectrum Auction Fees
Mobile operators in South Africa have been issued a deadline of the end of October to clear any outstanding fees related to the ...
News
South African Fintech Revio Raises $5.2 Million to Enhance Business Payment Success
In Africa, digital payments account for less than 10% of all transactions, presenting a significant opportunity for financial institutions on the continent. McKinsey ...
Africa
Shaping Tomorrow’s Finance Today with South Africa Traders Fair & Awards 2023
Johannesburg, South Africa – The South Africa Traders Fair & Awards 2023 is primed to claim its position as this year’s premier event ...
News
SA: IMF’s Gita Gopinath Commends South African Central Bank’s Proactive Stance on Inflation
Gita Gopinath, the First Deputy Managing Director of the International Monetary Fund (IMF), has lauded the South African central bank for its proactive ...
Regulatory
South African Reserve Bank Approves Paycorp’s Direct Clearing System Participation
Paycorp, a prominent player in South Africa’s payments landscape, has achieved a significant milestone by obtaining a direct clearing system participant license from ...
News
South Africa’s Inflation Eases to 4.8%, Marking a Two-Year Low
South Africa’s annual inflation rate continued its downward trajectory, reaching a two-year low of 4.8% in July 2023, down from 5.4% in the ...