Stakeholders in South Africa have until 21 August to provide their input on a proposed bill that could significantly alter the regulatory landscape of the telecommunications sector, as parliament prepares to make a decision on the matter.

A R100-billion BEE transformation fund and a proposed ‘2030 race-free’ roadmap are at the center of a debate in South Africa regarding the future of Black Economic Empowerment (BEE). Both sides acknowledge that the existing system is ineffective, but they disagree on the best approach to achieve meaningful transformation, according to The South African Biz.

According to TechTrends KE, South African firms have announced over Sh400 billion in acquisitions, raising questions about their investment focus on Kenya. This trend is attributed to Kenya's economic growth, as East Africa is reportedly outperforming many larger African economies. The recent transactions indicate a strategic interest in the region by South African companies.

The Constitutional Court has ruled that the bank rand-rigging case can proceed, which is part of a broader global effort to address foreign-exchange manipulation. This decision allows legal proceedings to continue against those involved in the alleged rigging of the South African rand.

South African firms are intensifying their investments in Kenya's corporate sector, with planned acquisitions totaling approximately Sh413 billion. This strategy aims to use Nairobi as a gateway into East and Central Africa. Notably, Absa Group has announced intentions to increase its stake in Absa Bank Kenya from 68.5 percent to a higher percentage.

Julius Malema has called for the impeachment committee to employ an investigator and a foreign currency expert to provide technical advice regarding financial transactions, cross-border fund flows, and regulatory matters related to the Phala Phala theft case. This request aims to ensure thorough examination of the issues involved.