The 15th BRICS Summit, hosted by South Africa, recently concluded in Sandton, Johannesburg, leaving a lasting impact on the global economic landscape. The summit, which spanned three days, brought together more than 60 heads of state, including the original BRICS…
Are you a business owner engaged in international trade or transactions involving foreign currencies? If so, you’re likely aware of the constant fluctuations in currency exchange rates and the potential impact they can have on your bottom line. In a…
In the realm of economics, there’s a hidden dance that takes place behind the scenes, affecting our lives in ways we might not even realise. This rhythmic interplay is known as currency fluctuation, and its impact on a country’s imports…
The rapid rise of artificial intelligence (AI) has brought about what is known as the fourth industrial revolution, reshaping industries worldwide. With the increasing reliance on AI systems in various aspects of life, it has become crucial to explore its…
In the name of ease, the world is increasingly becoming more digitised and while this may open up many wonderful experiences and life changes, it requires we adjust our thinking and habits when it comes to our security. With everything…
South Africa’s privileged access to the US market under the African Growth and Opportunity Act (AGOA) is at risk due to concerns over its ties with Russia, which could result in significant financial losses and impact its exports. In 2022,…
Beneficial ownership is a crucial aspect of corporate governance that helps promote transparency and combat financial crimes such as money laundering and terrorist financing. To rectify the shortcomings identified by the FATF, leading to the inclusion of South Africa in…
In the wake of the 2008 global financial crisis, a mysterious digital currency called Bitcoin emerged as a beacon of hope, promising a decentralised and transparent financial system. Created by an anonymous figure using the pseudonym Satoshi Nakamoto, Bitcoin has…
Cryptocurrencies have revolutionised the world of finance, offering new opportunities and challenges. To ensure the responsible and secure use of these digital assets, South Africa is introducing ground breaking legislation to regulate crypto asset service providers (CASPs). In this blog…