South Africa's Financial Sector Conduct Authority says it has imposed R10-million in penalties and 20-year debarments against individuals accused of manipulating share trading linked to Africa Bitcoin in September 2022. According to the regulator, the enforcement action targets share manipulation, with the debarments barring those involved from the financial industry for two decades. The penalties stem from trading activity that took place during that month, though further details about the individuals or the specific trades involved were not disclosed in the report.

Global payments platform Grey has launched local currency deposits in Kenya and Ghana, enabling users to fund their accounts in Kenyan Shillings (KES) and Ghanaian Cedis (GHS) via bank transfers and mobile money. This initiative aims to simplify access to international financial services for users in these countries.

Tech-ish reports that QVSE presented itself to Kenyans as a US stock exchange before freezing users out of their money. According to the outlet, QVSE's Colorado and FinCEN filings show a much smaller operation than advertised, registered by one man for USD 50. The report raises concerns about the firm's claims and the impact on Kenyan investors seeking access to their funds.

Voranex Africa, a B2B commercial execution firm, is expanding its global presence following recognition from the Canada–Africa Chamber and participation in a UK government delegation. This expansion aims to enhance its operations and partnerships across various markets, according to Techpoint Africa.

Zareena Camroodien, an executive at South Africa's Financial Sector Conduct Authority (FSCA), has urged retirement funds across Africa to do more to include informal sector workers. Speaking as funds in South Africa and the continent modernise and leverage capital for development, Camroodien said workers in the informal economy must not be left behind, according to TimesLIVE.

Charles Shilowa, acting CEO of Airports Company South Africa (Acsa), has outlined the state-owned airport operator's recovery plans, including the resumption of dividend payments, efforts to reduce debt, and a pipeline of airport infrastructure projects scheduled over the coming year. The remarks, reported by Moneyweb, point to improving financial health at the company following a difficult period for the aviation sector, with investment in airport facilities forming a central part of its forward strategy.