July 21, 2025

SOUTH AFRICA

Finance

G20 finance officials express concerns over Trump’s tariffs: Report

ISTANBUL Top financial officials from the G20 major economies expressed worries about the effects of US President Donald Trump’s high tariffs on the global economy at a meeting in South Africa, Japanese news agency Jiji Press reported Friday. Japanese Finance Minister Katsunobu Kato told reporters on Thursday, day one of a two-day gathering of G-20

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Crypto

Cryptocurrency and Exchange Control: The legal implications of Standard Bank of South Africa v South African Reserve Bank and others

Introduction In a groundbreaking decision handed down on 15 May 2025 in Standard Bank of South Africa v South African Reserve Bank and Others [2025] ZAGPPHC 481, the Gauteng High Court ruled that cryptocurrencies do not fall within the ambit of South Africa’s Exchange Control Regulations (Excon Regulations). Though currently suspended pending an appeal, the

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Banking

Intellect Design Arena secures multi-country banking deal in South Africa 

eMACH.ai Digital Engagement Platform will enable the bank to deliver personalised customer experiences across multiple channels and integrate with core banking systems and third-party applications. Intellect Design Arena Ltd has announced a major contract with a leading South African bank to implement its eMACH.ai Digital Engagement Platform across nine countries. The shares of the company

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