Luno says crypto draft may clash with SA’s IMF commitments

Luno says crypto draft may clash with SA’s IMF commitments

Luno’s Marius Reitz Luno has opened a new front against draft cross-border crypto rules from national treasury and the South African Reserve Bank, arguing that they treat stablecoin payments inconsistently with South Africa’s international commitments. Under the draft, Luno says, all payments in stablecoins – crypto tokens pegged to a currency, usually the US dollar…

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Gen X fuels SA’s electric vehicle shift

Gen X fuels SA’s electric vehicle shift

Chinese brands are turbocharging South Africa’s electric vehicle shift. Generation X is emerging as a significant force in South Africa’s shift to new-energy vehicles (NEVs), with NEV finance applications from people born between 1965 and 1980 outpacing those for conventional vehicles. This is according to data from the Cars.co.za Industry Report 2026, which shows Gen…

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ITWeb TV Biz: Connecting the lattice that supports SA’s economy

ITWeb TV Biz: Connecting the lattice that supports SA’s economy

One Linkage stopped by the ITWeb studio as part of the AWS Equity Equivalent Investment Program – a business acceleration initiative designed to support the growth of black-owned technology businesses within the AWS Partner Network. #aws #awseeip #onelinkage South Africa’s small and medium enterprises (SMEs) collectively form one of the country’s biggest economic foundations. Enterprises…

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AI can help curb fraud in SA’s booming iGaming sector

AI can help curb fraud in SA’s booming iGaming sector

Mariia Halaida, head of business development at Softswiss. While AI cannot completely prevent fraud in SA’s burgeoning iGaming industry, the technology can help stakeholders monitor and detect threats in real-time, making a significant difference, says Mariia Halaida, head of business development at iGaming software solutions firm Softswiss. Softswiss has described SA as Africa’s most advanced…

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SA’s R1.5-billion bill with no rules

SA’s R1.5-billion bill with no rules

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…

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SA’s internet costs climb, but other bills rise faster

SA’s internet costs climb, but other bills rise faster

Internet access price hikes worry the Competition Commission. (Graphic: Nicola Mawson | GenAI and Competition Commission) While internet connectivity, which the Competition Commission considers an essential service, has become more expensive, the increase pales in comparison with the surge in transport costs. Increases of 4.1% for wireless and 3.5% for wired internet services rising at…

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AI, new tech must not leave SA’s workforce behind: Ramokgopa

AI, new tech must not leave SA’s workforce behind: Ramokgopa

Minister of Electricity and Energy, Dr Kgosientsho Ramokgopa, has called for a human-centred approach to artificial intelligence (AI), emphasising that rapid technological innovation must not leave South Africa’s workforce behind. The Minister delivered the keynote address on behalf of Deputy President Paul Mashatile at the National Economic Development Labour Council’s (Nedlac) 31st Annual Summit currently…

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Govt eyes SA’s place in global e-mobility space

Govt eyes SA’s place in global e-mobility space

Science, technology and innovation deputy minister Dr Nomalungelo Gina. Government is positioning South Africa to be a leading player in the global e-mobility and battery value chains, focusing on local manufacturing, mineral beneficiation, skills development and job creation. So said science, technology and innovation deputy minister Dr Nomalungelo Gina, speaking at the 2026 uYilo e-Mobility…

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Cause of breach on SA’s supercomputer revealed

Cause of breach on SA’s supercomputer revealed

The Centre of High Performance Computing’s Lengau supercomputer suffered a cyber security incident in late-May. (Image source: iStock) The cyber security breach on South Africa’s Lengau supercomputer was caused by “vulnerabilities associated with the legacy high-performance computing system”. This is based on insights contained in a written Parliamentary reply by the Department of Science, Technology…

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