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Day: June 24, 2026

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South Africa Upgrades Financial System Processing R584 Billion Daily as Reserve Bank Accelerates SAMOS Modernisation
Posted inFinance

South Africa Upgrades Financial System Processing R584 Billion Daily as Reserve Bank Accelerates SAMOS Modernisation

South Africa is accelerating the modernisation of one of the continent's most important financial infrastructure systems, with the South African Reserve Bank advancing upgrades to the South African Multiple Option…
Posted by Daniel Rothman Daniel Rothman June 24, 2026
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South Africa Upgrades Financial System Processing R584 Billion Daily as Reserve Bank Accelerates SAMOS Modernisation
South Africa's Reserve Bank is upgrading the SAMOS settlement platform that processes approximately R584 billion daily, reinforcing the country's role as Africa's leading financial infrastructure hub.
South Africa Upgrades Financial System Processing R584 Billion Daily as…
June 24, 2026
Zimbabwe Approves Second Gold Refinery as Government Pushes for 50-Tonne Output Target in 2026
Zimbabwe has approved a second gold refinery in Bulawayo, expanding domestic processing capacity as the country targets 50 tonnes of gold production and stronger mineral beneficiation.
Zimbabwe Approves Second Gold Refinery as Government Pushes for 50-Tonne…
June 23, 2026
FinCEN Moves to Cut Off Huione Successor Network From U.S. Financial System in Major Anti-Money Laundering Action
FinCEN has proposed cutting off Huione successor entities from the U.S. financial system, underscoring intensifying global anti-money laundering enforcement.
FinCEN Moves to Cut Off Huione Successor Network From U.S.…
June 23, 2026
Egyptian Billionaire Ahmed El Sewedy Backs $500 Million EV Manufacturing Expansion Targeting African Markets
Egyptian billionaire Ahmed El Sewedy has backed a $500 million electric vehicle manufacturing venture that could transform Egypt into a major production hub serving African and Middle Eastern markets.
Egyptian Billionaire Ahmed El Sewedy Backs $500 Million EV Manufacturing…
June 23, 2026
Siemens, Renault and Orange Expand Multi-Model AI Deployments as Europe Pushes for Greater Digital Resilience
European corporations are expanding multi-model AI deployments, signalling a shift toward more resilient and competitive enterprise technology strategies.
Siemens, Renault and Orange Expand Multi-Model AI Deployments as Europe…
June 23, 2026
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