‘Please Call Me’ inventor Nkosana Makate. ‘Please Call Me’ creator Nkosana Makate says Black Rock Mining’s claim that he owes it money is fraudulent, and there is no basis for arbitration to secure 40% of his settlement with Vodacom, South Africa’s second-largest mobile operator. In December, British Virgin Islands-registered Black Rock Mining lost its battle…
National Gambling Board data shows about R1.5 trillion was wagered in SA’s gambling industry in 2024–2025. South Africans are diverting money they are supposed to spend on groceries to try their luck on online gambling. This is one of the biggest findings from a study conducted by Durban-based market research firm Trade Intelligence. The online…
President Donald Trump’s deals with pharmaceutical companies are likely to have only a limited impact on Americans’ drug spending, experts say. Since Sept. 30, the Trump administration has struck deals with 14 drugmakers in exchange for tariff relief, according to the White House. The agreements — which haven’t gone into effect yet — adopt a…
Graphic: Xsolla Xsolla, a global video game commerce company that helps developers launch, grow, and monetize their games, today announced the expansion of Airtel Mobile Money as a local payment method to include Tanzania and Madagascar. This growth builds on Xsolla’s existing Airtel Mobile Money coverage in Africa, extending secure, mobile-first checkout experiences to more…
Graphic: Xsolla Xsolla, a global video game commerce company that helps developers launch, grow, and monetize their games, today announced the expansion of MTN Mobile Money (MTN MoMo) as part of its payment solution in Congo-Brazzaville and Zambia. This expansion builds on Xsolla’s existing MTN Mobile Money coverage across Africa, reinforcing its mission to make…
Namibia has been ranked among the top five countries in Africa in dealing with money laundering and financial crime risk exposures. Financial Intelligence Centre director Bryan Eiseb says the country improved from a rating of 5.09 in 2023 to 4.89 in 2024, and now to 4.78 in 2025. Downward scores indicate improvement, on a scale…
Cyber criminals are ramping up as Black Friday nears. (Picture: Gerd Altmann via Pixabay) The shopping frenzy that starts in November has become a ripe picking ground for hackers who target retailers and consumers caught up in sales and discounts, rather than being on the lookout for fraud. This threat is compounded by typical holiday…
Money fuels politics. But when it flows in the shadows, democracy is the first casualty. Across most of Africa, and much of the Asia-Pacific, Latin America and the Caribbean, citizens are expected to vote without knowing who pays for the campaigns competing for their support. New research by Transparency International finds that only about one…
Convera, a global leader in commercial payments, is on site at Money 20/20 USA this week as industry leaders gather to power the future of payments, fintech and financial services. From sessions on the global stage to the unveiling of dynamic data, Convera spotlights its mission to reimagine the future of business payments on a…
Jason Lane-Sellers, director of fraud and identity (EMEA) at LexisNexis Risk Solutions. SA’s youthful population and the rapid adoption of mobile payments is making it a prime target for financial crime, particularly the use of ‘money mules’ to move stolen funds, experts warn. Jason Lane-Sellers, director of fraud and identity (EMEA) at LexisNexis Risk Solutions,…
