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Eskom chairman Mteto Nyati said the power utility would only implement single-digit price increases in future.
Luno and VALR, the two largest cryptocurrency exchanges in South Africa, warned of significant issues with the recently published draft Crypto Assets Manual for cross-border activities.
The South African Reserve Bank’s Position Paper on Cash has proposed sweeping changes to ATMs as you know them.
South Africa’s courts are divided on whether Bitcoin is money for exchange control purposes. Judge Stuart Wilson ruled that Judge Mandlenkosi Motha’s previous finding that Bitcoin is not money was “clearly wrong”.
This is how much more you’ll be paying on your home loan after 29 May following the latest interest rate hike in South Africa.
Finance minister Enoch Godongwana has announced that his department will soon publish draft regulations to include crypto assets in South Africa’s capital flow management regime.
Changes to debit orders announced by the South African Reserve Bank and the Financial Sector Conduct Authority sharpens a double-edged sword.
The Reserve Bank wants to regulate gift cards, allowing them to be issued and used only at a single merchant and making them non-transferable.