Today's Big Stories

Brexit debate was 'dumbed-down' and will come back to bite markets, says expert

The Brexit debate was oversimplified for UK citizens and both "leave" and "remain" camps are to blame for perpetuating false perceptions about the European Union (EU).

This is according to Elizabeth Sidiropoulos, Chief Executive of the South African Institute of International Affairs.

She says that global markets did not sufficiently factor in the possibility of the "leave" outcome in Britain's referendum on the EU.

UK citizens voted to bow out from the EU, leading to market volatility and the announcement that Prime Minister David Cameron would resign.

Most people outside the UK didn't expect the result that we had.

Elizabeth Sidiropoulos, CEO South African Institute of International Affairs.

Sidiropoulos says that Cameron will have to enter into difficult negotiations with the EU and European Commission on the terms of the exit.

According to Sidiropoulos, market volatility may continue while the political future of Britain remains uncertain.

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
How the Brexit outcome will affect SA

How the Brexit outcome will affect SA

Is Brexit bad news for South Africa and it’s consumers? Neil Roets, CEO of Debt Rescue, discusses the issue.

Twitter takes the mickey out of UK's Brexit vote

Twitter takes the mickey out of UK's Brexit vote

Twitter users from the across the world have shared their funny takes following the unexpected outcome of the EU referendum.

'Economic shock' after Brexit vote, Cameron resignation as UK faces the unknown

'Economic shock' after Brexit vote, Cameron resignation as UK faces the unknown

Global markets are volatile after the UK's vote to exit the EU, and economist Xhanti Payi says there are serious ramifications.

David Cameron resigns as Prime Minister after Brexit vote

David Cameron resigns as Prime Minister after Brexit vote

British Prime Minister, David Cameron, has resigned after the vote in favour of leaving the European Union (EU).

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).

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
Ntsiki Mazwai gets behind 24 hour social media boycott #DataMustFall

Ntsiki Mazwai gets behind 24 hour social media boycott #DataMustFall

Ntsiki Mazwai is asking South Africans to stay off social media on Wednesday in a #DataMustFall campaign.

Are you having panic attacks? Here's what you need to know

Are you having panic attacks? Here's what you need to know

Behavioural psychologist Dr Helgo Schomer explains the symptoms, treatments and tips for people who suffer panic attacks.

Absa must pay back the money - Gwede Mantashe

Absa must pay back the money - Gwede Mantashe

Mantashe also says that the Reserve Bank is within its rights to review Mkhwebane's remedial actions recommendations.

[LISTEN] Home Affairs says Ajay Gupta was never a SA citizen - Eusebius responds

[LISTEN] Home Affairs says Ajay Gupta was never a SA citizen - Eusebius responds

A statement released by Home Affairs confirms that Ajay Gupta only has a permanent resident permit and is not a citizen of SA.

CAPS is killing teachers passion - caller

CAPS is killing teachers passion - caller

CapeTalk caller says Curriculum Assessment Policy Statements (CAPS) is not good for South Africa's education system.