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 ...
News
SA: FNB Continues Reign as South Africa’s Most Valuable Brand
FNB has once again clinched the coveted title of South Africa’s Most Valuable Brand in the 2023 Kantar BrandZ Most Valuable South African ...
Regulatory
SA: SIU Seeks Appeal in Telkom Case After High Court Ruling
The Special Investigating Unit (SIU) is preparing to apply for leave to appeal a recent High Court verdict that invalidated its authorization to ...
News
SA: Founders Factory Africa Raises $114 Million to Accelerate Growth
South African venture builder, Founders Factory Africa (FFA), renowned for its hybrid tech startup investment model, has secured an impressive $114 million in ...
Regulatory
SA: Vodacom Responds to Regulator’s Rejection of Maziv Acquisition, Stresses Benefits to Competition
South African mobile network operator, Vodacom, has reacted to the recent decision of the country’s competition regulator to block its acquisition of Maziv, ...
Regulatory
South African Regulator Advises Against Vodacom Group’s $696 Million Fiber Deal, Appeal Expected
Vodacom Group Ltd’s intended $696 million acquisition of two fiber operators in South Africa faces a hurdle as a local antitrust watchdog recommends ...
News
South Africa’s Competition Commission Enforces Remedial Actions Against Dominant Online Platforms
South Africa’s competition commission has published the final report of its Online Intermediation Platforms Market Inquiry (OIPMI), which investigates the competitive practices of ...
News
Nigeria and South Africa Strengthen Collaboration to Combat Economic and Cyber Crimes
Nigeria and South Africa have reaffirmed their commitment to tackle the growing challenges of cybercrimes, money laundering, and other economic and financial crimes. ...
News
South African President Launches Huawei Innovation Centre, Paving the Way for Digital Advancements
On July 13, South African President Cyril Ramaphosa inaugurated the Huawei Innovation Centre in Woodmead, Johannesburg, marking a pivotal moment in the country’s ...