Mastercard enables real-time card payments, starting in South Africa

Source: Reuters. Through product innovations, enhancements to its network and strategic partnerships, Mastercard will enable acquiring banks to process real-time card payments. For the first time, all merchants in South Africa who accept Mastercard payments will receive faster payouts, empowering businesses with better cashflow management and faster funds availability. This, in turn, provides merchants with…

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Godongwana hits back at DA over budget proposal claims

Minister Enoch Godongwana delivering the Budget Speech two years ago. 2 minutes Finance Minister Enoch Godongwana says the Democratic Alliance (DA) did not submit or present any proposals to him about the budget. Godongwana tabled the 2025 budget in the National Assembly on Wednesday, where he announced a 0.5 percentage point increase in VAT. This,…

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Ramaphosa to outline actions following SAPS briefing on return

SAPS briefing in Durban. President Cyril Ramaphosa has noted statements made earlier on Sunday in a media briefing by SAPS KwaZulu-Natal Provincial Commissioner Lieutenant General Nhlanhla Mkhwanazi. The President says, “This is a matter of grave national security concern that is receiving the highest priority attention. It is vital that the integrity of the country’s…

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