The Competition Commission has recommended that the Competition Tribunal approve the South African Reserve Bank’s proposed acquisition control of BankservAfrica – and has done so without attaching any conditions. The transaction will see the central bank take sole ownership of the payments clearing house, which plays a critical role in processing interbank transactions. BankservAfrica is…
The Competition Tribunal has given the green light to a transaction that should help advance a proposed plan to list Cell C on the JSE. The regulator on Thursday said it has given its blessing, without conditions, to a transaction that will see Cell C buying back its contract customer base from its largest shareholder,…
Is African online betting the next titan? African online betting is huge, but can the regulatory framework keep up? Ten hot factors to consider. Online gambling is booming across Africa, driven by a passionate sports culture, mobile technology, and several gaps within the regulatory framework. With smartphone usage in Sub Saharan Africa on the rise…
Attorneys of Palestinian activist Mahmoud Khalil and the Trump administration clashed in court over Khalil’s renewed request to be released on bail or, at least, transferred to a detention center in New Jersey to be closer to family. Both parties submitted new filings after U.S. District Judge Michael Farbiarz declined to release Khalil last week….
