Regulatory
SA: FSCA Revokes Banxso’s Licence Over Unrealistic Return Promises in South Africa
The Financial Sector Conduct Authority (FSCA) of South Africa has revoked the licence of Banxso, a trading platform, following concerns over unrealistic promises ...
Regulatory
SA: ICASA Partners with Key Regulators to Strengthen South Africa’s Digital Regulatory Framework
In response to growing concerns over the fragmented nature of ICT regulation in South Africa, the Independent Communications Authority of South Africa (ICASA) ...
Regulatory
SA: Fincra Secures Third-Party Payment Provider Licence in South Africa, Expands Payment Solutions for Businesses
African payment infrastructure provider, Fincra, has successfully obtained a Third-Party Payment Provider (TPPP) licence in South Africa, marking a significant step towards enhancing ...
Regulatory
South African Regulator Issues Ultimatum to StarSat: Shutdown or Face Closure
n June 2024, the Independent Communications Authority of South Africa (Icasa) ordered the pay-TV provider StarSat to cease operations by September 18, 2024. ...
News
SA: Fitch Affirms South Africa at ‘BB-‘ with Stable Outlook
Fitch Ratings has reaffirmed South Africa’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BB-‘, maintaining a Stable Outlook in its latest creditworthiness assessment. ...
Regulatory
South Africa’s Information Regulator Includes Google and X in Election Integrity Investigation
South Africa’s Information Regulator has expanded its investigation into global tech giants, including Google, Meta (formerly Facebook), and X (formerly Twitter), over concerns ...
South Africa
Your Chance to Connect with Finance Experts This Weekend at South Africa Traders Fair 2024
Johannesburg, South Africa – As the weekend approaches, so does the South Africa Traders Fair 2024. On Saturday, 21 September, at the Protea ...
Regulatory
South Africa’s New AI Framework Lays Groundwork for Tech Leadership
As South Africa advances its plans to become a leader in artificial intelligence (AI), the Department of Communications and Digital Technologies (DCDT) has ...
News
South African Competition Commission Approves Octotel Acquisition
In March 2024, global investment firm Actis revealed plans to sell Octotel, its South African fibre network operator, to a consortium, contingent on ...
News
South Africa’s Plentify Secures Funding for Global Market Expansion
Plentify, a climate tech company specializing in smart energy solutions, has secured new funding to support its expansion into international markets, particularly targeting ...