The South African Reserve Bank has expressed serious concerns about the growing risks associated with cryptocurrencies and stablecoins. The rapid increase in cryptocurrency adoption, with 7.8 million users […]
South Africa Prepares for Stablecoin Impact: Regulatory Concerns Over Crypto Adoption
The South African Reserve Bank (SARB) has moved cryptocurrency off the sidelines and into the spotlight, classifying stablecoins as a significant financial risk. The SARB’s latest Financial Stability […]
South Africa Raises Concerns About Crypto’s Potential for Financial Risk
In a move reflecting growing unease, South Africa’s central bank has flagged cryptocurrency and stablecoins as potential financial risks due to their rapid rise in popularity. The Reserve […]
South Africa’s Reserve Bank Raises Concerns Over Crypto Risks to Financial System
The South African Reserve Bank (SARB) has issued a warning about the potential financial risks posed by cryptocurrencies, emphasizing the urgent need for comprehensive regulations. Their concerns are […]
South Africa’s Crypto Market Faces Financial Stability Concerns
The South African Reserve Bank (SARB) has issued a warning about the financial stability implications of cryptocurrencies, citing concerns over their potential to destabilize the country’s financial system. […]
South African Reserve Bank Identifies Cryptocurrency Risks
The South African Reserve Bank has issued a statement identifying cryptocurrency investments and stablecoins as emerging risks to the nation’s financial system. The bank underscores the potential for […]
Discovery Bank Pioneers Crypto Trading Access: What It Means for South Africa
Discovery Bank, a major South African financial institution, has made history by integrating cryptocurrency trading directly into its app. This bold move positions the bank as a leader […]
MTN South Africa: Voice Revenue Drops Amidst Customer Growth
MTN South Africa reported a 2.8% decrease in voice revenue during Q3’25, alongside a 2.1% increase in subscribers to reach 40.1 million. The company’s financial report released on […]
Starlink Frustrated by South Africa’s Delay in Approving Entry
SpaceX, the parent company of Starlink, has voiced its discontent over the delayed regulatory process for launching its satellite internet service in South Africa. The delay comes despite […]
South African Reserve Bank Invests in PayInc to Drive Digital Payments Revolution
The South African Reserve Bank (SARB) has made a significant move in the world of payments by acquiring a 50% stake in PayInc, the country’s leading electronic payment […]
Truecaller Under Fire Over Privacy Concerns in South Africa
The popular caller ID app, Truecaller, is facing scrutiny in South Africa following allegations that it might be violating privacy laws. The country’s Information Regulator has launched an […]
5 Key Differences: E-hailing in Nigeria vs. South Africa
Two major e-hailing markets, one fueled by the sheer scale of its population and the other driven by a history of social activism and progressive policy, provide fascinating […]
South Africa Bonds Gain Global Favor with High Yields
Global investors are increasingly turning towards South African bonds, drawn to their high yields exceeding 6%. This shift is fueled by positive economic reforms and improved stability in […]
Financial Expert Kearabilwe Nonyana Joins PrimeXBT as VIP Account Manager in South Africa
PrimeXBT, a leading global multi-asset broker regulated by the FSCA in South Africa, has appointed Kearabilwe Nonyana as its new VIP Account Manager. This strategic hire strengthens PrimeXBT’s […]
GoTyme: South Africa’s TymeBank to Rebrand in 2026
South African fintech company TymeBank is set for a major rebranding, becoming ‘GoTyme’ in the first half of 2026. The move comes as part of the company’s strategic […]