Smart vaults and wallets bridge the gap between cash and card in informal trade

Cash is still king in most informal and township settings, and for good reasons. It is trusted and universal, allowing anyone to easily transact no matter what phone they own or whether or not they have a bank account. By Jonathan Thomson, executive head: commercial...

CIMA launches Business Resilience Toolkit

The Chartered Institute of Management Accountants (CIMA) has launched a Business Resilience Toolkit designed to support finance professionals and business leaders in building resilience amid economic uncertainty and challenging conditions. The most recent Small...

Lipaworld offers stablecoin-powered finance to informal economy

As stablecoins gain global traction for their role in transforming cross-border payments, venture-backed fintech platform Lipaworld has entered the South African market to support freelancers, immigrants, and informal businesses with faster, safer alternatives to...

What the latest interest rate drop means for homeowners

The South African Reserve Bank's decision to cut the benchmark repo rate by 25 basis points is welcome news for cash-strapped consumers. Although only a small change on paper, the drop provides a much-needed financial reprieve. A basis point - a unit of measure used...