Regulators move to fix loopholes in e-commerce sector

Regulators move to fix loopholes in e-commerce sector

Regulators have called for platform accountability, stronger legislation and improved enforcement in SA’s e-commerce industry. As South Africa’s e-commerce sector enters a new era of growth and maturity, the National Consumer Commission (NCC) is moving to tackle several challenges consumers face when making online purchases. These include misleading advertising, outdated laws, refund disputes, delivery challenges,…

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Responsible AI poses tough test for regulators

Responsible AI poses tough test for regulators

Donovan Byrne, director for Africa at LexisNexis Risk Solutions. Responsible and transparent deployment of artificial intelligence (AI) is under increasing scrutiny as organisations adopt end-to-end AI decisioning to improve efficiency. Regulators are focused on how decisions are made and whether AI-driven processes can be defended. This is according to LexisNexis Risk Solutions, which has examined…

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Regulators, innovation clash in African financial sector

Regulators, innovation clash in African financial sector

The African Financial Industry Barometer 2025 depicts a sector at a technology inflection point. (Image created using GenAI via ChatGPT) Africa’s financial sector is in the midst of a pronounced technological transformation, with digital innovation now being central to organisations’ competitive strategy. However, firms struggle to fully mature their tech adoption and face hurdles in…

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Stock exchanges urge regulators to crack down on tokenised stocks

Stock exchanges urge regulators to crack down on tokenised stocks

A group representing the world’s biggest stock exchanges has called on securities regulators to clamp down on so-called tokenised stocks, arguing that the blockchain-based tokens create new risks for investors and could harm market integrity, a letter seen by Reuters shows. Tokenised equities are blockchain-based tokens created to represent shares in companies. The tokens represent…

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