Banks face heightened scrutiny as regulators respond to growing risks posed by AI, cloud services, cyber threats and digital transformation. (Image created via ChatGPT) South Africa’s banks and fintech firms are facing tighter regulatory scrutiny, as the Prudential Authority (PA) steps up oversight of artificial intelligence (AI), cloud computing, cyber security and digital operational resilience…
The Competition Commission has confirmed it received a formal complaint from Pretoria-based fintech Motswagae Holding, which has accused South Africa’s largest banks of blocking access to the ATM networks its cardless cash platform needs to operate. In a statement last week, the little-known company said it had made a submission to the commission – it…
Namibia’s communications regulator said on Monday, 22 June, it dismissed an appeal by Starlink against the rejection of its license applications, reaffirming that Elon Musk’s satellite internet provider failed to meet local ownership requirements. The silhouette of Elon Musk and Starlink logo are seen in this illustration taken 11 June 2026. Reuters/Dado Ruvic/Illustration/File Photo The…
The dispute stems from enforcement notices issued by the Information Regulator against the DBE over its publication of matric results in the media. (Image generated by ChatGPT) The Information Regulator has suffered another legal setback in its long-running dispute with the Department of Basic Education (DBE) over the publication of matric results in the media,…
The Information Regulator’s Mukelani Dimba Wednesday, 28 January marks World Data Privacy Day. With South Africa’s Information Regulator celebrating its 10th anniversary in 2026, TechCentral spoke to Mukelani Dimba, acting executive for education and communication at the regulator, about the state of information rights in the country. In this interview, Dimba reflects on the effectiveness…
The Regulator says it is disappointed that the court’s judgment was not in its favour. The Information Regulator says it is “disappointed”, after its bid to block the publication of matric results was set aside by the Pretoria High Court. This after the decision by the full bench of the Pretoria High Court, to set…
The Financial Sector Conduct Authority (FSCA) has warned that artificial intelligence is both an opportunity and a risk for South Africa’s financial sector, especially when it comes to information security. In a wide-ranging report, Artificial Intelligence in the South African Financial Sector, the FSCA said AI presents a number of risks related to consumer protection…
The Department of Trade, Industry and Competition has proposed opt-out registry legislation to block unwanted direct marketing communication. The Information Regulator is creating regulatory confusion because it wants spam telemarketing to fall under its ambit, while the industry says it has no legal authority to take up the fight against illegal marketing callers. This issue…
Bitcoin is attracting investor interest, even as it comes off a record high. VALR, a Johannesburg-based crypto-currency exchange, has been approved for two additional financial licences, in what is seen as a positive development in South Africa’s regulatory framework for digital assets. The approvals enable VALR to offer a mix of investments that extends beyond…
According to media reports, the CSC’s decision followed the publication of a post on Radio Omega’s Facebook page on 30 July, “which was deemed to contain malicious and discourteous remarks towards the Burkinabe authorities”. The post was in relation to a demonstration in the Burkinabe capital, Ouagadougou, concerning a Burkinabe influencer who died in detention…
