Tag: Regulations
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Fintech exits and regulations in 2025
In 2025, banks continued to acquire fintech companies, securing advanced technologies and data to enhance competition. Regulatory clarity improved with the introduction of the COFI Bill and new rules for Crypto Asset Service Providers. Focus on AI regulation intensified, while BEE policies evolved to encourage small business growth and compliance.
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FlySafair is acquired by Harith General Partners
FlySafair, South Africa’s leading low-cost airline, faces regulatory challenges due to foreign ownership violations. To address this, Harith General Partners is set to acquire it, ensuring majority South African control. This move aims to resolve legal scrutiny while maintaining operations. Approval from regulatory bodies is pending before the deal finalizes in late 2026.