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South Africa withdraws AI policy due to fake AI-generated sources April 27, 2026
South Africa has withdrawn its first draft national AI policy after revelations that it contained fictitious sources in its reference list which appeared to have been AI-generated. "The most plausible explanation is that AI-generated citations were included without proper verification. This should not have happened," Minister of Communications and Digital Technologies Solly Malatsi said.
South Africa plans exchange control revamp to attract billions in investment April 27, 2026
South Africa has proposed a sweeping overhaul of its decades-old rules governing money flows, including tightening its control on crypto assets, seeking to bolster its position as a financial hub for Africa and attract more investor capital. The finance ministry's proposals include raising discretionary offshore allowances for individuals, regulating crypto assets and easing capital-flow restrictions.
Ramokgopa welcomes inauguration of Envusa's R15bn Koruson 2 cluster of renewables projects April 24, 2026
Envusa Energy – a joint venture between diversified miner Anglo American and EDF power solutions – has inaugurated its flagship 520 MW Koruson 2 (K2) cluster of renewable energy projects in the Eastern Cape. Electricity and Energy Minister Kgotsientsho Ramokgopa told attendees at the official inauguration ceremony on April 24 that this reflected government's goal of growing private […]