Africa: South Africa Ready for G20 Despite US Snub

Africa: South Africa Ready for G20 Despite US Snub

President Cyril Ramaphosa confirmed that no United States officials will attend the G20 summit, calling their absence a “boycott of politics”. Minister Ronald Lamola said South Africa is ready to host the summit, despite several countries sending lower-level officials instead of heads of state. South Africa says it is fully prepared to host the G20…

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Starlink risks ceding ground to rivals in South Africa amid licensing battle

Starlink risks ceding ground to rivals in South Africa amid licensing battle

Dominic Cull Ryan Goodnight, senior director of market access and development at SpaceX, told Africa Tech Festival attendees last week that Starlink could launch in South Africa “tomorrow” if four lines in the licensing regulations were deleted. But communications lawyer Dominic Cull of Ellipsis Regulatory Solutions is unequivocal: not only is that timeline impossible but…

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ZAR Supercoin is South Africa’s latest rand stablecoin

ZAR Supercoin is South Africa’s latest rand stablecoin

South Africa has a new rand-pegged stablecoin. Called ZAR Supercoin, the stablecoin is “purpose-built for South Africa and the wider African market”, according to its backer, New York-listed Super Group. ZAR Supercoin is the second rand-based stablecoin to be launched after ZARP, which was developed by Inves Capital. ZAR Supercoin’s backer is a company called…

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