5 important things happening in South Africa today

Here’s what is happening in and affecting South Africa today:

  • The ANC is confident it will snatch the City of Johannesburg back from the DA, with insiders reporting that it has successfully convinced the IFP to break its coalition with the DA and vote in its mayoral candidate, Geoff Makhubo. Legal opinion given to the council speaker is that a majority of 50% plus one is needed to vote in a mayor – and no party has that number (135 votes) to secure an outright victory. The ANC has 121 seats, the DA 104, the EFF 30, and the IFP, 5. [City Press]
  • All Gauteng motorists want for Christmas is to know what’s happening with e-tolls – and transport minister Fikile Mbalula says they will be getting that wish. The oft-delayed announcement on e-tolls will be coming before Christmas, he said, adding that the matter is currently before cabinet. A pronouncement on the scheme was initially pegged for August. Gauteng’s provincial government wants it scrapped, but National Treasury has voiced its support for it. [EWN]
  • The rand extended its gains on Monday, as poor manufacturing output from the US saw the dollar tumble to a two-week low. The poor US data reignited fears that the US might very well end up in a recession in the coming 12 to 18 months. The trade war also took a new turn on Monday, as President Trump extended his tariff tirade to Latin America, but the news had little effect on the local currency. On Tuesday the rand was at R14.53 to the dollar, R18.80 to the pound and R16.10 to the euro.

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5 important things happening in South Africa today