Technology & Communications News
More newsBitcoin is money and capital: Johannesburg High Court deepens the divide on crypto and exchange control
On 1 June 2026, the Johannesburg High Court ruled in Mangundhla and Another v South African Reserve Bank and Others that Bitcoin is both “ money ” and “ capital ” under South Africa’s exchange control laws. The court upheld forfeiture orders of nearly R6 million against two individuals who had transferred large amounts of Bitcoin (approximately 1 680 Bitcoin, worth around R182 million) to cryptocurrency exchanges outside South Africa without the required treasury approval. The South African Reserve Bank (SARB) treated this as an unlawful export of capital and issued a forfeiture order. The applicants argued that exchange control rules simply do not apply to cryptocurrency. The courtdisagreed.
Navigating the legal landscape of agritech contracting
Tayyibah Suliman, Sector Head and Director, and Shanley Webb, Candidate Attorney, in the Technology & Communications and Agriculture, Aquaculture & Fishing sectors, were recently featured in the Sunday Times Agriculture Magazine, where they discussed navigating the legal landscape of agritech contracting.
Commentary on South Africa’s National Draft Artificial Intelligence Policy
The Department of Communications and Digital Technologies has published South Africa’s Draft National Artificial Intelligence Policy (Draft AI Policy) for public comment. The Draft AI Policy was approved by Cabinet on 25 March 2026 and gazetted on 10 April 2026. Written comments must be submitted by 16h00 on 10 June 2026 to aipolicy@dcdt.gov.za . This alert highlights the key elements of the Draft AI Policy and outlines the issues that organisations should consider when assessing its impact on their current and planned use of AI.