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”. ...
News
South Africa: Reserve Bank launches new South African banknotes and coins
The country has a new set of banknotes and coins. The Reserve Bank says the currency continues to celebrate our heritage. The upgraded ...
News
Seychelles and South Africa top African blockchain funding list in 2022
The year 2022 was a unique year for the blockchain industry in Africa as more funds were raised between Q1 and Q4 of ...
News
South Africa: Postbank Introduces New Cardless Payment for Social Grants
But concern raised about how Postbank will handle these new payment methods Postbank has introduced a new cardless payment for social grant beneficiaries ...
News
South Africa: Roqqu receives regulatory approval to operate in South Africa
Roqqu, Nigeria’s largest cryptocurrency exchange, receives regulatory approval to operate in South Africa and hence its users will now be able to deposit ...
News
South Africa: Cassava Technologies to invest $250 million in new digital projects in South Africa
The South African digital sector will undergo profound changes in the coming months. After Amazon’s commitment to invest in technological services, it is ...