Global
Global: Visa and Mastercard Blame Fraud for Increased Cross-Border Fees
Visa and Mastercard have blamed fraud and growing competition for the increase in their cross-border fees since the U.K. left the European Union, ...
Global
Global: China begins next phase of CBDC testing with e-CNY payment for public transport
Scan and pay with e-CNY is now available in multiple Chinese cities for citizens looking to ride their local buses and subways. According ...
Namibia
Namibia: Telecom commences with prepaid SIM card registration process
Telecom Namibia has commenced with the prepaid SIM card registration process, with registrations being done at all Teleshops nationwide or any registered reseller ...
Regulatory
SA: Icasa names interim CEO
The communications regulator has appointed Norman Gidi as acting CEO from 1 September following the resignation of Willington Ngwepe. Communications regulator Icasa has appointed ...
Ghana
Ghana: BoG to close down licensed forex bureaus flouting foreign exchange law
The Bank of Ghana has indicated it will soon close down licensed forex bureaus that are not complying with the foreign exchange law. ...
Global
Global: FCA fines Citi £12.5m for trading oversight failings
The UK’s Financial Conduct Authority (FCA) has levied a £12.5m fine against Citigroup Global Markets over past failures to police its trading activity ...
Nigeria
Nigeria: APCON Changes Name to ARCON, Stops Use of Foreign Models, V.O Artists
The Advertising Practitioners Council of Nigeria (APCON), announced that the Advertising Regulatory Council of Nigeria (ARCON) Bill has been signed into law. The apex ...
Regulatory
SA: South Africa’s central bank grants local banks permission to serve crypto clients
South African Reserve Bank (SARB) has directed financial institutions in the country to serve customers handling cryptocurrency transactions. In a guideline, the bank stated that institutions should not ...
Global
Global: The Central Bank of Colombia Is Studying the Creation of a Digital Currency
Central Bank of Colombia Studies Digital Currency Issuance Many governments in the world are preparing to launch digital currencies in order to compete ...
Regulatory
South Africa: Regulator begins phase two of IMT spectrum licencing process
The Independent Communications Authority of South Africa, has indicated through a memorandum, its intention to initiate the second phase of the IMT spectrum ...
