Today's Big Stories

SA's new finance minister David van Rooyen leaves investors with uncertainty

Emerging markets economist at Nomura, Peter Attard Montalto, says the appointment of Finance Minister David van Rooyen has left international investors uncertain.

He says global markets will now closely and cautiously watch decisions that will affect the rand, particularly relating to Cabinet, National Treasury and budget plans going forward.

The main issue for investors is that this is a very structural shaking of our views an the sanctity of national treasury and what macro economic policy in South Africa is all about.

Peter Attard Montalto, emerging markets economist at Nomura

Listen to the full conversation from The Midday Report with Stephen Grootes:

There is a lot more uncertainty with the appointment of someone who has no executive training and without enough experience to hold this post. Ultimately it's not about him, its about the forces that led to his appointment.

Peter Attard Montalto, emerging markets economist at Nomura

The rand may well get much weaker from here.

Peter Attard Montalto, emerging markets economist at Nomura
Read More
Veterans and ANC not on same page about terms of consultative conference

Veterans and ANC not on same page about terms of consultative conference

ANC vets want civil society groups present at the consultative conference, which they want held separately from another meeting.

Top SABC journos applauded for brave testimony

Top SABC journos applauded for brave testimony

EWN's Gaye Davis summarises the evidence of the SABC journalists who appeared before the ad hoc committee in Parliament.

If you're gona be a hero (and smash a car window), make sure you can prove harm

If you're gona be a hero (and smash a car window), make sure you can prove harm

A criminal lawyer explains what leg citizens can stand on if they witness a child or pet locked in a vehicle in risky conditions.

SABC 'in contempt of court' if Motsoeneng reports for duty, says DA

SABC 'in contempt of court' if Motsoeneng reports for duty, says DA

The DA's James Selfe says it is not clear whether SABC's Hlaudi Motsoeneng will be either fired or suspended pending an inquiry.

Tweeps throw shade as court shows Motsoeneng the door

Tweeps throw shade as court shows Motsoeneng the door

A judge has ruled that Hlaudi Motsoeneng should not hold any position at the SABC and Twitter has wasted no time reacting.

Rand plummets after Nene's sacking

Rand plummets after Nene's sacking

The rand has fallen to R15 to the dollar while there’s still no explanation why Finance Minister Nhlanhla Nene was removed from his portfolio.

Popular articles
An expert guide on 'hotwifing' and 'cuckolding' in the bedroom

An expert guide on 'hotwifing' and 'cuckolding' in the bedroom

Clinical sexologist Dr Eve shares insights into sexual fetishes and how partners negotiate them in their bedroom and relationship.

[Watch] John Maytham shuts down victim shamer on air

[Watch] John Maytham shuts down victim shamer on air

A caller wanted to know what the alleged victim had done in order for Grace Mugabe to assault her.

Cape officials to harvest 500 million litres of new water a day

Cape officials to harvest 500 million litres of new water a day

Mayor of Cape Town speaks to CapeTalk's Kieno Kammies about plans to provide more water amidst the ongoing drought.

LISTEN:  Reformed car hijacker sheds light on hijacking underworld

LISTEN: Reformed car hijacker sheds light on hijacking underworld

This reformed car hijacker was convicted for hijacking, robbery and murder and served almost 16 years jail time. Hear his story.

Journos walk out of Bathabile Dlamini's briefing after 2 hour wait

Journos walk out of Bathabile Dlamini's briefing after 2 hour wait

EWN's Gia Nicolaides says journalists walked out of the media briefing on social grants after waiting for hours for her to arrive.

3 emergency numbers you should have on speed dial and how they work

3 emergency numbers you should have on speed dial and how they work

These are the emergency numbers you should have on your cellphone and this is what you must understand about how they work.