5 things you need to know before trading starts today

Here’s what is happening in South Africa:

  • The Guptas are back in South Africa. The family made widely publicized exit from the country after an alleged state capture plot came to light earlier in the year, but according to the family’s spokesperson, the real reason for leaving was to attend a wedding. He said that the family is very much South African, and even though their relationship with president Jacob Zuma is strained, it continues.

In other news: Political violence has erupted in Tshwane ahead of the announcement of the ANC’s mayoral and municipal candidates. Gunmen opened fire on a group of ANC members, killing one, while two others were hit and stabbed in pangas. This is the latest in a string of politically motivated attacks ahead of the 3 August local elections.

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5 things you need to know before trading starts today