Articles about South African Reserve Bank

Banks face stricter AI scrutiny as regulator sharpens focus

Local banks are under tighter regulatory scrutiny as the Prudential Authority ramps up oversight of AI, cloud computing, cyber security and other emerging tech-related risks.

Crypto regulations ‘unconstitutional, bypass Parly’

National Treasury's draft crypto regulations strip property rights and contradict the central bank's own vision, Luno argues.

Buy-now-pay-later firms defend model after SARB warning

The South African Reserve Bank's concerns draw strong responses from buy-now-pay-later firms, which say the model is premised on responsible lending and affordability checks.

SARB shifts approach to cash

The Reserve Bank’s policy shifts from viewing cash as a barrier to digital adoption, to recognising it as an essential part of the payments ecosystem.

Money rules ‘built for different era’ hold SA back

Crypto executives warn proposed exchange control rules will lock SA businesses out of a global stablecoin-powered payments system.

South Africans gamble away groceries, survey finds

More than half of local online gamblers sacrificed essentials to fund betting, while nearly a third borrowed money to gamble.

Is Bitcoin money? Two courts, two answers

Two High Court judgements have reached opposing conclusions on whether digital assets fall within South Africa’s exchange control framework.

Crypto non-compliance could land South Africans in jail

National Treasury wants to bring crypto assets formally within SA’s forex framework, despite an ongoing court case around their status.

Budget constraints limit Stats SA data

Limited funding is weakening economic insight and reducing the effectiveness of monetary policy and decision-making, says Stats SA.

SARS crosses R2tn as AI reshapes tax collection

AI-powered auto-assessments, biometric digital identities and cashless payments help SARS reach record revenue collection.

Offshore online gambling drains over R50bn from SA

Offshore illegal gambling sites siphon R50 billion from SA’s gambling industry, exposing millions of consumers to fraud and legal risk.

Postbank becomes licensed financial services provider

Postbank is now registered as a licensed financial services provider, authorised to provide financial advice and intermediary services.