South Africa’s Electronic Communications Act, which requires foreign-owned communications licensees to sell 30% of equity in their local subsidiaries to historically disadvantaged groups, is to be amended.
Philippines central bank, The Bangko Sentral ng Pilipinas (BSP) says it has lifted its moratorium on new electronic money issuers from non-bank financial institutions (EMI-NBFI). The move is said to be aimed at enhancing digital payments in the country.
Mozambique’s government has made 5G coverage compulsory in all provincial capitals, while scrapping its earlier plan to auction spectrum licences to mobile operators.
As it suggested it would in late 2024, Zimbabwe has now started levying a new tax on payments to increasingly popular multinational digital service providers.