Binance to Tighten SA Crypto Rules by April 2025
by Binance, the world’s largest cryptocurrency exchange by trading volume, is set to introduce sweeping changes to its compliance procedures for South African users. The new …
Tag: South Africa
Nigeria and South Africa Enter Mining Cooperation Deal
Nigeria and South Africa have taken a significant step forward in their bilateral relations by signing a landmark Mining Cooperation Deal to transform their mining …
South Africa’s FIC Highlights Crypto Crime Risks for VASPs
South Africa’s Financial Intelligence Centre (FIC) has raised alarms about the growing risks of criminal activities targeting Virtual Asset Service Providers (VASPs). In its latest …
Tensions Around Elon Musk Cloud Efforts to Launch Starlink in South Africa
Efforts to bring Elon Musk’s Starlink satellite internet service to South Africa have hit significant roadblocks. Regulatory hurdles, accusations of favouritism, and political tensions have …
Chinese automaker launches new models in South Africa, expands in Africa
Chinese automakers are making bold moves to solidify their presence in South Africa, unveiling new models and expanding their reach across Africa. With innovative designs, …
Nvidia Teams Up with Cassava for $720M AI Factory in Africa
Nvidia and Cassava Technologies have announced a groundbreaking partnership to establish Africa’s first artificial intelligence (AI) factory. With an investment of up to $720 million, …
Nedbank to Launch Trailblazing Smart Contract App for Agriculture
South Africa’s Nedbank is making waves with its upcoming smart contract app for agriculture, designed to transform how farmers manage contracts, payments, and supply chains. …
South Africa Unveils $800 Million Smart City Project
South Africa has launched a landmark Smart City Project in Shongweni, near Durban, marking a major leap in urban innovation. Dubbed Westown, the R15 billion …
South African Agri-Tech Startup Khula Secures $6.8M in Series A Funding
Khula, a leading South African agri-tech startup, has successfully closed a $6.8 million Series A funding round. This milestone marks a significant step in the …
Meta’s Project Waterworth: linking South Africa to four countries
by Meta has unveiled Project Waterworth, an ambitious subsea cable initiative that promises to revolutionize global connectivity. This groundbreaking project aims to link South Africa with …