5 important things happening in South Africa today
·17 May 2018
Here’s what is happening in and affecting South Africa today:
- The second reorganisation of government in less than five years is under way – and it could be far-reaching. This includes the possibility of a ‘super-presidency’ as president Ramaphosa begins to consolidate his bloated executive. [Daily Maverick]
- Health Minister Aaron Motsoaledi is planning a major shake-up of the medical-scheme industry, with new rules on benefits, prices and governance. The most crucial aspect of the new bill is a proposal to introduce uniform tariffs for services and prohibit co-payments, potentially heralding a sea of change for industry players and consumers alike. [Business Live]
- Former president Jacob Zuma has missed his own deadline to challenge the decision that he face prosecution. In addition, the EFF are targeting his lawyers – by demanding attorney Michael Hulley be ordered to pay back millions in taxpayers’ money already spent on Zuma’s legal fees. [TimesLive]
- The Department of Justice and the United Arab Emirates (UAE) are currently working on a bilateral extradition and mutual legal assistance agreement. The aim of the agreement is to bring Ajay Gupta back to the country as he is currently wanted by the Hawks regarding the failed Free State dairy farm project in Vrede. [News24]
- South Africa’s rand firmed more than 1% on Wednesday in a broad emerging market rally, driven largely by a recovery in the Turkish lira after the country’s central bank said it would take action to stem a selloff in the currency. On Thursday the rand was trading at R12.43 to the dollar, R16.84 to the pound and R14.69 to the euro.
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