Sars has unveiled a digital overhaul featuring biometric taxpayer IDs and AI-powered compliance systems.
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PayShap will only truly work when it reaches critical mass. Three years in, it’s clear it hasn’t done so. Here’s why.
The Reserve Bank held its repo rate at 6.75% as the Iran war threatens to push inflation sharply higher.
A sharply weaker rand and surging global chip prices are set to push tech costs sharply higher in South Africa.
A new paper by the Reserve Bank argues that South Africa’s market-driven approach to open banking is limiting in its reach.
The rand has tumbled below R16.90/$ as investors dump risk assets amid the unfolding crisis in the Middle East.
As public finances begin to steady, a digital backbone for future growth is taking shape in South Africa.
South Africa is tightening the regulatory net around crypto – this time targeting cross-border capital flows.
PayShap adoption grows, but inconsistent bank fees and limited access still hinder its inclusion ambitions in South Africa.
The South African Reserve Bank has flagged cryptocurrencies as a possible risk to domestic fiscal stability.