Announcement
Illicit Financial Flows Out of Africa Damage the Chances to Recover from COVID
This Newsletter reported on the recent UNCTAD report on economic development in Africa which estimated that $88.6 billion leaves the continent as illicit financial flows (IFFs) – that amount would…
Read MoreThe Second Phase of the AfCFTA Focuses on IP Rights and Trade, and the Process of AfCFTA To date
As this Newsletter has reported previously, the AfCFTA is looking at how to improve intellectual property (IP) regulations in Africa. At present there are 2 major African IP regional bodies…
Read MoreEFSA Responds to the Competition Commission’s Plans for a Market Inquiry
In October 2020 EFSA submitted our views on a discussion paper by the Competition Commission (CompCom) on “Competition in the Digital Economy”. In that paper CompCom pointed out that it…
Read MoreEFSA Contributes to the SA Reserve Bank (SARB) Review on Interchange Determination Charges
As previously reported in the Newsletter, SARB started a process of investigating ‘interchange determination charges’ last year. These charges are made when a payment is made from one financial body…
Read MoreOnline Payments Committee
Online Payments Committee Thomas van der Spuy – Chair, CallPay Karen Nadasen, PayU Junaid Osman, PayU Rahul Jain, Peach Payments Nancy Kamau, Peach Payments Matshaya Media , Stu Mene Sara…
Read MoreThe 2021 Annual State of the Forum by the Chair, Ms Karen Nadasen
Ecommerce has been the only silver lining during the COVID storm over the last eleven months. The economic and unemployment fallout from the pandemic will certainly continue for a long…
Read MoreConforming with the POPIA
Lots of events are going to be held on how you must apply the Protection of Personal Information Act, but if you want the real news and guidance watch out…
Read MorePayments industry prepares for POPIA
The time for the Protection of Personal Information Act (POPIA) has arrived with companies expected to be fully compliant by 30 June 2021. What this compliance means, and how organisations…
Read MoreOnline Grows and New Service to Help Retailers Meet Customer Demand
COVID has seen consumers ditch cash and in-person shopping in favour of online spending, according to Standard Chartered’s latest global survey. Almost 75% of survey respondents in Kenya (64% globally) agree that COVID…
Read MoreNew African Projects – Protecting Banks and Telecoms in East Africa; Access to Affordable Banking in French-speaking West Africa; SMEs Benefit in Mauritius
Kenyan startup Transcode has developed fraud management software for banks and telecoms, and is seeking funding to scale it across the continent. Formed in 2018, Transcode released its core software (iGuard)…
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