The central bank of South Africa responsible for overseeing monetary policy and financial stability.
DA MP’s fintech denies clients were kept in the dark
Kastelo is being investigated by the South African Reserve Bank for alleged exchange control violations. The Reserve Bank claims Kastelo circumvented exchange controls by using clients' allowances to externalize funds.
VALR hits back at proposed cross-border crypto ban
VALR CEO Farzam Ehsani warns that barring South African companies from cross-border crypto transactions may drive these activities underground. Ehsani argues that the proposed regulations contradict the authorities' goal of enhancing oversight and preventing illicit financial flows.
Why South Africa’s iGaming Sector Is Turning to Crypto Amid Rising Payment Fraud
iGaming fraud in South Africa tripled during the second half of 2025, according to Sumsub's report. Africa's iGaming fraud rate reached 2.54% in Q1 2026, significantly above the global average.
Fintech takes ATM fight to competition regulator
Motswagae Holding has accused major South African banks of blocking access to ATM networks for its 360Wallet platform. The Competition Commission confirmed receipt of Motswagae's formal complaint regarding structural access barriers in banking.
South Africa’s operators solved fintech. Digital identity is next
Vodacom Group processed US$525.6-billion in transaction value in the year to March 2026, marking a 16.6% increase year on year. MTN’s MoMo ecosystem processed an additional $500.3-billion, pushing the combined total of both operators past $1 trillion.
