SARB confirms it is looking at crypto regulation
The SARB has confirmed it is preparing various regulations for the crypto asset sector, taking a phased approach over the next 12 to 18 months. Dawid de Villiers, partner, Lerato Lamola, candidate attorney and Analisa Ndebele, trainee attorney at Webber Wentzel,...
Deepfakes a growing risk for businesses
The FBI recently announced that more companies have been reporting people applying to jobs using deepfakes. Imposters use video, images, recordings, and stolen identities pretending to be someone else to get a remote IT position. This may sound like a joke, but hiring...
Smart cities give back to citizens
The record for the world's worst traffic jam belongs to Beijing's gridlock. For 12 days in August 2010, cars could not escape 62 miles of freeway. This example, alongside the UN's prediction that, by 2030 two-thirds of the world's population will reside in densely...
SARB estabishes forex committee
The South African Reserve Bank (SARB) has announced the establishment of the South African Foreign Exchange Committee (SAFXC). The SAFXC is a forum consisting of key professionals and associations in the domestic wholesale foreign exchange (FX) market, such as...
All systems go for Iridium NEXT launch
Iridium Communications has announced that all 10 Iridium NEXT satellites for its fifth launch have arrived and are in processing at SpaceX's west coast launch site at Vandenberg Air Force Base in California. The launch will increase the total number of Iridium NEXT...
Mobile spend to top $1,6trn
Worldwide spending on mobility solutions is forecast to grow 3,2% year over year in 2018, reaching more than $1,6-trillion, according to a new Worldwide Semiannual Mobility Spending Guide from International Data Corporation (IDC). This growth is expected to continue...
SARB launches vision for national payment system
The South African Reserve Bank (SARB) has published The National Payment System Framework and Strategy Vision 2025 which sets out the goals and strategies for the national payments industry. The intent is to build a world-class national payment system (NPS) that...
Slingshot espionage slips in via the router
Kaspersky Lab researchers have uncovered a sophisticated threat that has been used for cyber-espionage in the Middle East and Africa from at least 2012 until February 2018. The malware, which researchers have called 'Slingshot', attacks and infects victims through...
How recalled food is disposed of
The Minister of Environmental Affairs, Dr Edna Molewa, has assured South Africans that all foodstuffs potentially contaminated with Listeria will be safely disposed of. The contaminated waste may be accepted for treatment at a licensed incineration, non-burn or...
Number portability to embrace call centres
Number portability continues to be one of the biggest contributors to greater competition in providing voice services and must be expanded to benefit the corporate market. That's according to the Internet Service Providers' Association of SA (ISPA), presenting at...
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