What’s holding PayShap back in South Africa

What’s holding PayShap back in South Africa

High fees, gaps in consumer education and friction related to ease of use are just some of the factors holding back the adoption of South Africa’s PayShap payments platform, especially in lower segments of the economy where cash still dominates. PayShap, introduced in 2023 to facilitate rapid, low-cost payments in South Africa, lags behind similar…

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Africa: Afrec Empowers South Africa to Strengthen Energy Data Statistics Reporting

Africa: Afrec Empowers South Africa to Strengthen Energy Data Statistics Reporting

Johannesburg — The African Energy Commission (AFREC) has concluded a three-day technical training workshop in South Africa aimed at enhancing the country’s capacity to compile and manage comprehensive national energy statistics, a significant step toward strengthening energy data management in Southern Africa. Held from 30 July to 1 August 2025, the training targeted national focal…

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The average cost of a data breach in South Africa

The average cost of a data breach in South Africa

The cost of a data breach in South Africa has declined slightly to R44.1-million, according to a new research report from IBM. The company said in a statement on Friday that despite an increase in the number of breaches recorded in South Africa, the adoption of data security, artificial intelligence and machine learning insights, and…

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Trump tariffs to slam South Africa

Trump tariffs to slam South Africa

Trade minister Parks Tau South Africa faces a 30% tariff on its exports to the US starting next week, a move expected to cost tens of thousands of jobs after the country failed to secure a trade deal before a deadline set by US President Donald Trump. In an executive order on Thursday, Trump slapped…

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