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Gift Cards In South Africa: Will SARB Oversight Bring Big Changes? | SA News

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ENS is an independent law firm with over 200 years of experience. The firm has over 600 practitioners in 14 offices on the continent, in Ghana, Mauritius, Namibia, Rwanda, South Africa, Tanzania and Uganda.

For more than a decade, South African gift cards have existed largely within the consumer-protection space. Section 63 of the Consumer Protection Act 68 of 2008 (“CPA”) treats a gift card as a “pre-paid certificate,…

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