Virtual currencies are currently not regulated and any transactions conducted are solely at the end-user’s risk.
Continue readingSouth Africa: Lexology – A structured guide to Fintech
South Africa: Budget 2018 – New president, new process, new engaged and optimistic public
SA rely on the services provided by Government. Future development progress relies primarily on domestic financing.
Continue readingSouth Africa: Legal risk in a time of automated ships and other stuff formerly of science fiction
In November 2017 Damen shipyard announced that it had created the world’s first class approved 3D printed ship’s propeller.
Continue readingSouth Africa: Increase in the official interest rate
The official rate of interest is currently set at the repurchase rate. Increase would bring this up to the prime lending rate.
Continue readingSouth Africa: National Health Insurance
In his maiden Budget today, Malusi Gigaba revealed that Government has continued progressively on the path towards introducing NHI.
Continue readingSouth Africa: Regresses to higher VAT rate
Finance Minister Malusi Gigaba today announced an increase of 1% in the VAT rate, with effect from 1 April 2018.
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