Africa
Consumer Protection – Product Liability in Kenya
The SA Consumer Protection Act protects consumers from faulty products. Recently the Parliament in Kenya has been debating introducing the same protection. Kenyan consumers will have the right to reject…
Read MorePayments Developments – Mobile Money, QR Codes in SA and Kenya
The latest mobile money industry report by the Global Systems for Mobile Communications Association (GSMA) shows that global daily transaction value in 2022 surpassed forecasts to hit $3.45 bn, as…
Read MoreSouth Africa to Introduce New Visa Rules for Skilled Workers
Every so often the SA Home Affairs asks the various ministries to identify skills where foreign experts need to be invited to assist, and the ministries in turn ask the…
Read MoreAfrica to Overtake Asia as the Economically Fastest Growing Region
Africa is poised to become the fastest-growing region in the world, surpassing Asia, according to a new report by the Mo Ibrahim Foundation. The report reveals that 6 of the…
Read MoreAfrican Development Fund/Smart Africa Alliance Project to Enhance Digital Trade and Ecommerce in Africa
The African Development Fund and Smart Africa Alliance have jointly launched a $1.5m project to streamline digital trade and ecommerce policies across 10 African countries. The Institutional Support for Digital…
Read MoreNews from Africa
News from the Regional Economic Communities (RECs) One of the contacts EFA made at the AfCFTA Business Forum (see above) was with the Imani Development consultancy firm, which is carrying out…
Read MoreBRICS And the AfCFTA
President Cyril Ramaphosa has said that through its chairship, SA will work with its BRICS partners to advance the African agenda for growth, development and integration and to advocate for the…
Read MoreBanning Social Media
A number of countries in Africa ban social media – or shut down the internet altogether – in order to prevent “unrest”. This is often during national elections, although in…
Read MoreMore Bad Press for Cryptocurrencies in Africa, and More Need for Cybersecurity
Egyptian authorities have arrested 29 people, including 13 foreign citizens, accused of running an online cryptocurrency scam that defrauded thousands of investors. The network pocketed about $620,000 at the expense…
Read MoreWhen is Mobile Money Not a Bank? When it is M-Pesa
East Africa’s leading telecommunications company Safaricom is in trouble, with 2 major lawsuits from customers now demanding accountability. The company has in the past few months faced renewed criticism over the credibility of its…
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