Rate hikes can affect the cash flow of South African businesses.
Speaking at a standing committee on finance, Joseph Maswanganyi, the chairperson for the committee said that the National Treasury must explain why tabling necessary changes to money laundering legislation took so long.
Due to the impact of the Covid-19 pandemic, governments imposed restrictions on individual travel. This resulted in many companies changing their work model to accommodate employees working from home.
South Africa's Information Regulator has issued a stern warning to marketing companies and other groups who abuse the Protection of Personal Information Act (POPIA).