Aug 5, 2022
A gain on the disposal of crypto assets may be taxed as either revenue or capital, in line with the same income tax rules that apply to the disposal of shares or unit trust, writes Joon Chong, partner at Webber Wentzel. The gyrations of cryptocurrency markets have...
Aug 1, 2022
It was inevitable that, at some point, South African authorities would start regulating cryptocurrencies. While the South African Revenue Service (SARS) has long treated earnings from cryptocurrencies as income tax, the government has made it clear that it believes...
Jul 27, 2022
As customers demand 24/7 digital access to banking in the post-pandemic reality, fraud and security breaches have become top of mind in this interconnected environment. By Ria Pinto: GM and technology leader of IBM South Africa For the financial services industry, the...
Jul 27, 2022
Open banking, a relatively new concept in the field of financial technologies, is fast becoming a major source of innovation that is poised to reshape the banking industry – globally and in Africa. By Clinton Leask, head of Digital at Pay@ Open Banking is a capability...
Jul 18, 2022
South Africa’s stringent regulatory environment that governs the financial services and insurance sector can make it challenging for companies to bring innovative technology, ideas and products to the market, but there are ways around this. This is according to Justin...
Jul 11, 2022
Digital disruption challenges insurers with innovative technology trends emerging around artificial intelligence and machine learning. Systems will have to be modernised if incumbents tap deeper into the existing market. At the same time, this provides significant...
