The amount of money that South Africa’s financial services sector spends on technology every year is nothing short of impressive. In 2025, South African businesses invested tens of billions of rands in IT, with major organisations directing spending towards digital infrastructure, cloud computing, data capabilities and cybersecurity. In some cases, technology accounts for double-digit percentages…
Tertia Barrett, area VP of sales at nCino KYC, addressing delegates at the company’s Fighting Financial Crime Conference 2026. (Image supplied) Fraud, corruption, state capture and human trafficking are fuelling financial crime in SA, according to nCino KYC. The fintech software and services company has urged the financial services industry to mobilise resources – including…
Chris Oshiafi PAC Research, one of Nigeria’s leading research outfits, has identified financial architecture, digital innovation, regulatory reforms and political commitment as critical to addressing Africa’s more than $100 billion unmet trade finance gap. The research outfit said digital payment systems, blockchain-enabled trade infrastructure, factoring and supply chain finance could significantly widen access to trade…
Bottomline IT is a Sage Accounting Firm. South African SMEs operate in an increasingly competitive environment where financial visibility, compliance and operational efficiency are critical to long-term success. Yet many businesses continue to rely on disconnected systems, manual processes and time-consuming administrative tasks that can slow growth and increase compliance risks. In response to these…
Asgarali Mia, principal consultant and data strategy advisor at iOCO. Historically, financial planning processes were fragmented across departments, reliant on past data and led almost exclusively by the finance function. Today, artificial intelligence (AI) is driving a fundamental reimagining of financial planning as an enterprise-wide capability that is integrated, forward-looking and continuously adaptive. AI advances,…
Executive Summary Africa’s industrialisation challenge is not primarily a shortage of ideas, policy intent, or entrepreneurial energy, but a constraint in financial architecture and capital deployment. The continent’s ability to build factories, infrastructure, and value-added industries is limited by the cost, structure, and accessibility of long-term finance. Until capital markets are deepened and better aligned…
Artificial intelligence deepfakes have become a major financial crime threat. (Image source: iStock) The Financial Sector Conduct Authority (FSCA) is stepping up enforcement against artificial intelligence (AI)-powered financial scams, as deepfakes become one of SA’s fastest-growing regulatory challenges. The regulator’s newly-released Regulatory Actions Report for the 2025/26 financial year identifies online financial harm as one…
Social media is transforming the financial scam landscape in South Africa. (Image created via ChatGPT) South Africans are increasingly falling victim to investment scams promoted through social media and online platforms, prompting the Financial Sector Conduct Authority (FSCA) to intensify enforcement against digitally-enabled financial misconduct. The warning comes following the release of the FSCA’s latest…
When South Africans prepare to emigrate, the focus is usually on the visible milestones: securing visas, booking flights, choosing schools and packing up a home. Yet one of the most important parts of the journey is often left until the last minute: planning your financial emigration. For anyone considering financial emigration in South Africa, knowing…
About Rimini Street, Inc. Rimini Street, Inc. (Nasdaq: RMNI), a Russell 2000® Company, is a proven, trusted global provider of end-to-end, mission-critical enterprise software support, managed services and innovative Agentic AI ERP solutions, and is the leading third-party support provider for Oracle, SAP and VMware software. The Company has signed thousands of IT service contracts…
