Everyone’s Excited About the Metaverse – or so MTN Hopes
South Africa’s MTN Group wants to tap into its wide network of 34.5m subscribers in Africa to lead the way in popularizing the metaverse in the continent. MTN is present in…
Read MoreSafaricom Launches 5G Services in Five Cities
Following the lead of SA and a handful of other African countries, Safaricom has switched on 5G services in 5 Kenyan cities. 5G provides data speeds 10 times faster than a 4G connection. For example, if…
Read MoreUganda Takes a Lead in Financial Markets in East Africa
Uganda trounced all regional peers this year to emerge as a leader in terms of growth of foreign exchange markets, macroeconomic opportunities, and enforceability of standard master agreements—3 of the “pillars”…
Read MoreMauritius – the Most Innovative Country in Africa in 2022
A report by the World Intellectual Property Organization (WIPO) has evaluated innovation levels across 130 economies to determine the most innovative markets in the world in 2022. The 2022 Global…
Read MoreUNCTAD’s Annual Economic Development in Africa Report 2022
UNCTAD is critical of African states for neglecting the potentially transformative role of high knowledge-intensive services, such as information and communications technology services and financial services. The Report believes that the…
Read MoreThe SA Company Act and Nigerian Startup Act
These 2 laws are not related, but provide a quick view of different approaches to ease business processes. The SA Companies Act – Amendments were first proposed in 2018, then…
Read MoreThe Southern African Development Community (SADC) and the Southern African Customs Union (SACU) Confirm Cooperation, and New SA Customs Initiative
SADC and SACU signed a Memorandum of Understanding in mid Oct aimed at enhancing regional integration, economic and social development through a mutual cooperative relationship in the Southern African region. The MoU, calls on SADC and SACU to work…
Read MoreRepresentation at the European Union – SA withdraws from the ACP Group
South Africa has written to the Organisation of African, Caribbean and Pacific States (OACPS) announcing that it plans to quit the 79-member body. The OACPS, based in Brussels, is linked…
Read MoreA Major Move Forward on Cryptocurrencies and Crypto Assets in SA
The Financial Sector Conduct Authority (FSCA) published the 1st of a series of regulations to manage crypto assets and their providers on 19 October 2022. Following its initial proposal on 20 November 2020, the FSCA has declared now crypto…
Read MoreFraud and the Urgent Need For Greater Trust in eCommerce in SA.
SABRIC (the SA Banking Risk Information Centre) recently issued its 2021 report on fraud. SABRIC brings together all the banks to coordinate action against fraud, and their activities have helped…
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