Money rules ‘built for different era’ hold SA back

Money rules ‘built for different era’ hold SA back

Regulations must enable businesses to use stablecoins for cross-border payments. (Graphic made via GenAI) Proposed foreign exchange regulations risk locking South African businesses out of a fast-growing global payments system built on stablecoins. There is also an outdated understanding of how digital money actually moves, say two of the country’s leading crypto executives. In April,…

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Naspers delivers ‘milestone’ year with .3bn revenue

Naspers delivers ‘milestone’ year with $7.3bn revenue

Naspers earns most of its revenue from its international arm, Prosus. (Photograph: File) JSE-listed technology giant Naspers says the 12 months to end-March was a knockout year with it delivering on its “ambitious” targets, including generating more than $7.3 billion (R120 billion) in revenue. The company, which earns most of its revenue through international arm…

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Home affairs bookings get a security overhaul

Home affairs bookings get a security overhaul

The department of home affairs has launched an upgraded online booking system on the MyHomeAffairsOnline platform, introducing enhanced security measures to prevent the abuse of booking slots and improve access to services. Users are now required to create a MyHomeAffairsOnline profile linked to their South African ID number and e-mail address before making a booking,…

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Africa: Rwanda and South Africa – From Diplomatic Frost to Strategic Partnership and Greater People-to-People Mobility

Africa: Rwanda and South Africa – From Diplomatic Frost to Strategic Partnership and Greater People-to-People Mobility

After more than a decade of diplomatic estrangement, Rwanda and South Africa appear to be taking meaningful steps toward rebuilding a relationship long marked by suspicion, political tensions, and missed opportunities. Recent high-level engagements between Kigali and Pretoria suggest a growing recognition that Africa’s future is better served by cooperation than confrontation. As both countries…

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