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South Africa News

South Africa has the second largest economy in Africa, with large agricultural and tourism sectors. It also has a high poverty rate and is one of the top 10 countries for income inequality. The South African population is widely diverse and South African news indicates there are numerous racial, cultural and ethnic conflicts. Still, South Africa is considered, potentially, to be one of the most developed African countries in terms of their economy, infrastructure and investment strategies. South Africa haven’t provided any legal status or regulatory framework concerning cryptocurrencies until 2018, when the South African Revenue Service released a statement, saying cryptocurrency would be a taxable object. The South African Reserve Bank is working with blockchain-based solutions provider Bankymoon to test new cryptocurrency regulations.
News
In its most recent position paper, the IFWG labeled crypto as a possible (but unlikely) threat to South Africa's monetary system.
ZA Group Says Crypto Not Likely to Be a Threat to Monetary System
Benjamin Pirus
2020-04-16T22:30:33+01:00
1877
Analysis
A South African team is building a blockchain-powered COVID-19 status verification app, using a different approach to Russian, Chinese solutions.
Coronavirus-Tracking Apps Take Different Approaches in Keeping People Safe
Gareth Jenkinson
2020-04-11T11:04:00+01:00
4149
News
The Cardano Foundation looks forward to strengthening South Africa’s blockchain awareness.
Cardano Foundation Endorses South African Blockchain Alliance Establishment To Boost Adoption
Felipe Erazo
2020-04-09T00:00:00+01:00
5273
Analysis
Health care, identity management and renewable energy are some of the non-financial blockchain use-cases gaining popularity in Africa.
Africa Using Blockchain to Drive Change, Part Two: Southern Solutions
Osato Avan-Nomayo
2020-04-05T17:45:00+01:00
3107
Event Recap
The South African National Blockchain Alliance has been launched to drive technology development by bringing public and private enterprises together.
South African National Blockchain Alliance Holds Online Launch
Gareth Jenkinson
2020-04-03T18:50:00+01:00
2318
Event Recap
Blockchain technology has taken center stage in Africa — but where’s the continent at when it comes to cryptocurrency trading?
Blockchain Africa Conference: Education Is Key Crypto Adoption Driver
Gareth Jenkinson
2020-03-24T11:28:00+00:00
1806
Event Recap
Several use cases for blockchain-based solutions in Africa could potentially drive the technology forward in a global context.
The Blockchain Africa Participants Optimistic About Continent Becoming Center of Progress
Gareth Jenkinson
2020-03-23T14:15:00+00:00
2593
Analysis
The Reserve Bank of Zimbabwe proposed a crypto regulatory sandbox amid plans to launch a gold-backed digital currency.
Zimbabwe U-Turns on Crypto, Looking to Stabilize Local Economy
Osato Avan-Nomayo
2020-03-22T11:30:00+00:00
14852

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