Will central bank digital cash ever take off in SA?

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Michail le Roux of Hanekom Attorneys says CBDCs are coming and that fears of a snooping state examining all our transactions are overblown. Plus the prospects of voting by cell phone in the future, using blockchain technology to stop the cheats.

25 Oct 2023 English South Africa Tech News · Investing

Absa’s bold leap into stablecoins

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While bitcoin disappointed in 2025, crypto turned the financial world on its head.

While everyone’s been focused on bitcoin’s disappointing price in 2025, a few other things slipped under the radar. Companies now account for 5% of bitcoin holdings and stablecoin volumes exceed Visa transactions by a country mile, explains Hannes Wessels, SA country manager for Binance.

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Bring on blockchain: Only 3% of Africans qualify for mortgage financing

The rest obviously still spend money on housing – and a novel rent-to-own model that even street hawkers can afford may be just what the continent needs. Empowa CEO Glen Jordan tells us more.

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Will central bank digital cash ever take off in SA?

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