That means ensuring that remote and marginalized communities— including but not limited to the underbanked and unbanked—are not left out of this new way to pay for goods and services. As part of our advancing work, the Bank has been researching and experimenting with different technologies.
On a trade-weighted basis, the rand is weaker by 3,6 per cent since the beginning of the year. A factor which has recently cast a shadow over the rand has been a general increase in risk-aversion by international investors.