
Could your Uber ride be processed as an international payment?
The SARB is proposing new rules to address situations where local services are paid for through offshore payment networks.

The SARB is proposing new rules to address situations where local services are paid for through offshore payment networks.

A Debt Rescue survey suggests many households have little capacity left to absorb higher borrowing costs, adding to concerns about rising food, fuel, and electricity expenses.

While research into a retail CBDC continues, the SARB believes modernising the payment infrastructure will deliver greater near-term benefits.

The SARB still faces risks, although lower oil prices and improving supply expectations point to a less threatening inflation path than three weeks ago.

Signs of recovery are emerging across the economy, yet questions remain about whether the momentum can survive global uncertainty.

The High Court backs the SARB’s position that moving Bitcoin to foreign exchanges can amount to an unlawful export of capital.

Crypto assets fall outside the NPS Act, but intermediary-led payment-type activity involving crypto may still trigger a licensing requirement.

Inflation has already erased recent gains, and higher fuel costs risk deepening the squeeze on household budgets.

Treasury and the SARB say the proposals are not intended to criminalise crypto possession and have extended the deadline to comment.

Fuel-price shocks, sticky services inflation, and global pressures are making it harder for the SARB to keep inflation anchored near its new goal, says Sanlam.

The Reserve Bank is not ruling out more rate tightening after successive fuel price jumps have revived inflation risks.

Exchanges say the draft could affect routine crypto use, while one legal analysis questions whether the framework is truly more permissive.

Baseline inflation is seen peaking at 4% in Q2, with scenario analysis pointing to possible rate hikes if second-round effects emerge.

National Treasury releases the draft Capital Flow Management Regulations to replace the Exchange Control Regulations.

The Prudential Authority has withdrawn its liquidation bid after progress on depositor repayments, but Ithala is still unlicensed and cannot resume deposit-taking.

The final circulars implement the March proposals, with only targeted technical refinements following the consultation process.

A sharp market sell-off triggered by the Middle East conflict dented first-quarter returns, but local shares, bonds and property still posted strong 12-month gains.