Today's Big Stories

Britain's vote to bow out from EU creates volatility for currency markets

Britain has voted to leave the European Union (EU) following the results from the landmark referendum.

Political analyst Daniel Silke explains that the current political uncertainty creates a volatile environment for emerging and financial markets.

This creates instability and volatility of currency markets.

Daniel Silke, political analyst

He says that the outcome leaves many questions unanswered for the future of the UK's trade agreements.

Will they afford the UK the same preferential trading regimes that were part of the EU? What does it mean for British companies that export to the EU and the tariff on good?

Daniel Silke, political analyst

According to Silke, other European countries will have to re-enter trade negotiations wit the UK.

At the same time, exports from South Africa to Europe may also be negatively affected.

Silke says that the outcome is part of a growing global trend for the electorate to ignore the political establishment and take "the independent line."

Listen to the full conversation:


Recommended

by NEWSROOM AI
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.

Brexit verdict up in the air, says UK correspondent

Brexit verdict up in the air, says UK correspondent

In the third ever referendum in the UK, citizens will vote in the polls whether to remain or leave the European Union (EU).

Brexit referendum: What is Britain putting on the line in this vote?

Brexit referendum: What is Britain putting on the line in this vote?

All eyes are on UK ahead of their Brexit referendum to remain or leave the European Union, and analyst breaks down impact for SA

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

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

UK citizens are set to vote on a crucial decision about whether to stay or leave the European Union. These are the implications.

Popular articles
[LISTEN] New Visa regulations could change the face of South African tourism

[LISTEN] New Visa regulations could change the face of South African tourism

Lecturer at TUT's Dept of Tourism, Unathi Henama says that the tourism sector is at the center of the economic policies in SA.

'My hubby is 75 and we still do it' - stories about sex on the other side of 50

'My hubby is 75 and we still do it' - stories about sex on the other side of 50

Is biology putting the brakes on your sexuality? Callers share their experiences of sex and growing older.

17-year-old learner killed teacher for not allowing him to jump the food queue

17-year-old learner killed teacher for not allowing him to jump the food queue

Spokesperson for Education department says the fact that this learner is still in Grade 10 at 17 may indicate there is a problem.

Tell me what you want: Study reveals most common sexual fantasies

Tell me what you want: Study reveals most common sexual fantasies

What are your sexual fantasies? Disclosure can bring sexual freedom, but it can also have downsides. A study lists the top trends.

Transgender 'dragon lady' has ears removed and says testicles are next to go

Transgender 'dragon lady' has ears removed and says testicles are next to go

Tiamat Medusa has undergone extreme body modification and claims to be the most modified trans person in the world.

How Tracey Chambers is helping unemployed moms become entrepreneurs

How Tracey Chambers is helping unemployed moms become entrepreneurs

The Clothing Bank gives women access to discounted merchandise and 500 hours of training in money management and business skills.

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.