South African Reserve Bank Governor Lesetja Kganyago says a secure digital consumer identity is key to reducing fraud and strengthening the resilience of the financial system. He made the remarks at the launch of the 2025 G20 TechSprint, held under the theme "Trust and Integrity: Scalable and Open Finance. Kganyago also highlighted that the safe and trusted exchange of credit data across borders could unlock access to services like real-time credit scoring. Channel Africa business reporter Innocent Semosa has more

South African Reserve Bank Governor Lesetja Kganyago&nbsp;says a secure digital consumer identity is key to reducing fraud&nbsp;and strengthening the resilience of the financial system. He made the remarks at the launch of the 2025 G20 TechSprint, held under the theme "Trust and Integrity: Scalable and Open Finance. Kganyago also highlighted that the safe and trusted exchange of credit data across borders could unlock access to services like real-time credit scoring. Channel Africa business reporter Innocent Semosa has more

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.

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Africa in Business

A secure digital consumer identity is key to reducing fraud: SA Governor

South Africa's unemployment rate has increased to 33.7 per cent in the third quarter of the year, up slightly from 33.6 per cent in the previous quarter.

Statistics South Africa says more than 100-thousand jobs were added during the period. However, the number of unemployed people also rose by 97-thousand.

Young people continue to bear the brunt of the country's jobs crisis, recording the highest unemployment levels. Thuto Ngobeni reports.

South Africa's unemployment rate has increased to 33.7 per cent in the third quarter of the year, up slightly from 33.6 per cent in the previous quarter.
Statistics South Africa says more than 100-thousand jobs were added during the period. However, the number of unemployed people also rose by 97-thousand.
Young people continue to bear the brunt of the country's jobs crisis, recording the highest unemployment levels. Thuto Ngobeni reports.

South Africa's unemployment rate increases to 33.7 per cent in the third quarter of the year

Vodacom Group has reported one of its strongest six-month performances, with revenue rising by 25.6% to 102.5 billion rand - which is just over $6 billion US dollars.

The telecommunications giant says its customer base has reached a milestone of 250 million across Africa, following the consolidation of Safaricom.

Financial services and digital platforms are also emerging as major growth drivers. Our economics reporter Innocent Semosa reports.

Vodacom Group has reported one of its strongest six-month performances, with revenue rising by 25.6% to 102.5 billion rand - which is just over $6 billion US dollars.
The telecommunications giant says its customer base has reached a milestone of 250 million across Africa, following the consolidation of Safaricom.
Financial services and digital platforms are also emerging as major growth drivers. Our economics reporter Innocent Semosa reports.

Vodacom Group reports one of its strongest six-month performances, with revenue rising by 25.6% to just over $6 billion US dollars

Grain South Africa's Phahama Grain Phakama, has expressed deep disappointment after Grain SA's application for urgent interim protection against the Johannesburg Stock Exchange's new soybean pricing methodology was struck from the roll for lack of urgency.

PGP has warned that small and emerging black soybean farmers remain exposed to pricing practices that threaten their profitability and undermine efforts to build sustainable black-owned farming businesses.

For more on this, Thami Ngubeni spoke to Vice Chairperson at Grain SA, Jeremia Mathebula...

Grain South Africa's Phahama Grain Phakama, has expressed deep disappointment after Grain SA's application for urgent interim protection against the Johannesburg Stock Exchange's new soybean pricing methodology was struck from the roll for lack of urgency.
PGP has warned that small and emerging black soybean farmers remain exposed to pricing practices that threaten their profitability and undermine efforts to build sustainable black-owned farming businesses.
For more on this, Thami Ngubeni spoke to Vice Chairperson at Grain SA, Jeremia Mathebula...

A secure digital consumer identity is key to reducing fraud: SA Governor

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