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...

Ozow unlocks realtime payments for merchants

South African payments processing platform Ozow has launched PayShap Request, a realtime payment feature now available to its extensive network of merchants. Ozow has already enabled PayShap Request for its first merchant, with more merchants being activated daily....

Agility beats legacy in a digital world

Legacy once stood for trust and authority in financial services. Today, it often suggests outdated systems, slow decision-making and an unwillingness to evolve. As technology reshapes how consumers manage their money, staying power in the market alone no longer sets a...

Crypto trading and SARS: The revenue reckoning has arrived

The South African Revenue Service (SARS) has officially shifted gears in its approach to taxing crypto trading income. By Nicole Erlank, manager, and Tertius Troost, senior manager at Forvis Mazars in South Africa The SARS Crypto Asset Unit, established to monitor and...

AI takes flight at FlySafair

Low-cost carrier FlySafair has turned to artificial intelligence (AI) to streamline its operations and improve its travel experience. FlySafair welcomes 9-million passengers onboard every year. "Running an airline means constant innovation, and innovation to me means...

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