Today's Big Stories

If UK opts for 'Brexit', political uncertainty and economic turmoil may follow

UK citizens will today take to the polls in perhaps one of the most significant votes to remain or withdraw from the European Union (EU).

Economic diplomacy expert Peter Draper says that if citizens vote in favour of the the so-called Brexit, prolonged political uncertainty will surely follow.

If the majority of British citizens vote to leave the EU, the decision will not take immediate effect, but will lead to greater turmoil for currency markets, Draper explains.

The longer the uncertainty extends, the more turmoil in the financial markets - particularly if it is a close outcome.

Peter Draper, Director of Tutwa Consulting

The EU agreement stipulates that Britain would have to give two years notice, during which the terms of exit would be negotiated.

In addition, Brexit legislation would have to be voted on by UK Parliament, whose members are divided on the decision.

Draper predicts that the outcome will be for the UK to remain in the EU, but if it isn't, South Africa's trade agreements with Britain may be negatively effected.

Listen to the full conversation:

CapeTalk welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the CapeTalk community a safe and welcoming space for all.

CapeTalk reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

CapeTalk is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

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.

Why family traditions matter

Why family traditions matter

Whether it's breaking bread or celebrating through song and dance, family rituals and traditions can create a sense of belonging.

Popular articles
'We weren't going to quit', says Tim Noakes on not guilty verdict

'We weren't going to quit', says Tim Noakes on not guilty verdict

Prof Tim Noakes has been found not guilty by the Health Professions Council of South Africa on a charge of unprofessional conduct.

New evidence comes to light in Ipid's probe against top cop

New evidence comes to light in Ipid's probe against top cop

Ipid has revealed that evidence against Khomotso Phahlane shows a dubious pattern in car purchases.

Still no trace of missing Charlotte Nikoi, one month on

Still no trace of missing Charlotte Nikoi, one month on

The husband of missing Charlotte Nikoi has pleaded with public to come forward with any information regarding her whereabouts.

[Watch] All the Foreshore Freeway Project proposals

[Watch] All the Foreshore Freeway Project proposals

Take a look at the 6 six proposals that have been received by the City for the Foreshore freeway precinct.

We are in denial of people marching against us - Lindiwe Sisulu

We are in denial of people marching against us - Lindiwe Sisulu

Human Settlements Minister criticised the ANC for being passive at the memorial of late struggle stalwart Amhed Kathrada.

'Gigaba will have limited effect; the elephant in the room is the President'

'Gigaba will have limited effect; the elephant in the room is the President'

The Money Show’s Bruce Whitfield interviews Standard Bank Chief Economist Goolam Ballim.

How does El Nino affect Western Cape province?

How does El Nino affect Western Cape province?

Professor William Landman explains what El Nino is and its effects on the coming seasons in the Western Cape.

'Land restitution failed because Government is the biggest owner of land'

'Land restitution failed because Government is the biggest owner of land'

Bruce Whitfield interviews Finance Minister Malusi Gigaba's advisor Chris Malikane and Business Leadership SA's Bonang Mohale.