5 things you need to know before trading opens today

Here’s what’s happening in the markets

  • The 2016 Municipal Elections may run into some big issues, as the Independent Electoral Commission is running into problems verifying addresses. This follows a Constitutional Court ordered that it should hold fresh elections in the Tlokwe municipality in North West, after it emerged that voters did not live in the wards they claimed they did. However, as many as 4,000 addresses are missing, as people do not have permanent residential addresses.

In other newsHealth Minister Aaron Motsoaledi has called for the cost of private health care in South Africa to be regulated to improve access for the majority of South Africans. The minister plugged the government’s National Health plan, by saying that the solution to fight high private health costs is to build a single fund to ensure access to good quality, affordable health care for the entire population, and not for a select group of people.

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5 things you need to know before trading opens today