South Africa is paying renewable energy producers hundreds of millions of rand to stop generating, and no rule anywhere in the electricity rule book governs how that money is recovered or who ultimately carries it. That is according to energy regulator Nersa, which told TechCentral that the framework meant to manage the country’s shift to…
A Kalshi advertisement seen in Washington on March 27, 2026. Paul Lester | CNBC The 9th U.S. Circuit Court of Appeals rejected prediction market platforms’ requests for injunctive relief against the Nevada Gaming Control Board, concluding that sports-related event contracts are not a derivative regulated by the federal government. The court rejected appeals by Kalshi…
The call comes months after African Union leaders adopted the Common African Position on Debt, which seeks to strengthen Africa’s collective hand in debt negotiations and push for changes to the global financial system. Africa must turn its natural resources, market size and technological capacity into bargaining power to secure a stronger voice in the…
Appearing at public hearings hosted by the Independent Communications Authority of South Africa (ICASA), SpaceX urged regulators to address the ownership compliance rules currently preventing Starlink from securing an operating license in South Africa. Representing SpaceX, Ryan Goodnight, Senior Director for Market Access and Development, addressed the authority regarding draft amendments to the Radio Frequency…
Divine, an unofficial Vine reboot spearheaded by early Twitter employee Evan “Rabble” Henshaw-Plath, has eliminated its invite-only waitlist and opened to the general public. Three months after its initial limited release, the app is removing sign-up codes to attract a new wave of short-form video enthusiasts. Read: The first Ferrari Luce EV fetches a record…
Crude oil prices rose Monday after Iran and the U.S. ruled out an extension of the memorandum of understanding that they signed in June to end the conflict. A senior Iranian official told Reuters, meawhile, that Tehran would shift to offense rather than relying on defense if diplomacy with the U.S. fails. U.S. crude oil…
A growing appreciation of family-oriented leisure pastimes and rapidly increasing prosperity are driving demand for vessels from dinghies to yachts. Nelson Ching | Bloomberg | Getty Images Beijing is moving to clarify new tax rules on offshore trusts that have sowed confusion among wealthy Chinese citizens and their advisers. China’s State Taxation Administration is conducting…
ICASA emphasises that the new rules aim to protect consumers as bill shock complaints continue. (Image source: iStock) The Independent Communications Authority of South Africa (ICASA) has defended its data transfer regulations, saying they aim to prevent bill shock and ensure fair data usage. ICASA yesterday briefed Parliament’s Portfolio Committee on Communications and Digital Technologies…
The European Union’s mandatory AI transparency regulations under Article 50 of the AI Act officially took effect on August 2, making Europe the world’s most prominent regulator of artificial intelligence. The new rules require content publishers to clearly label synthetic media and explicitly inform users whenever they interact with an AI chatbot or automated agent…
ACT CEO Nomvuyiso Batyi Communications regulator Icasa’s draft rapid deployment regulations – a critical intervention for the sector – risk failing unless the regulator brings municipalities into the process, according to Nomvuyiso Batyi, CEO of the Association of Comms & Technology (ACT). Speaking on the TechCentral Show with TechCentral editor Duncan McLeod, Batyi said Icasa…
