In South Africa, the last few days have caused a stir! Jacob Zuma reshuffled his cabinet, international corruption fighters have gotten involved in the Gupta case, and Dudu Myeni has been replaced as chairperson of South African Airways (SAA).
Internationally, there have been Brexit ball games and the ambiguous possibility of Catalonian independence. Locally, there are concerns over Gigaba’s interim budget allocations to State Owned Enterprises. We also outline below, the Dynasty house-view on the positioning of our domestic portfolios ahead of the ANC Elective Conference in December.
Over the last week, the bizarreness of Trump continued, from tax cuts for the rich to embarrassment at the UN General Assembly; Angela Merkel has kept her position as Chancellor of Germany; and an ex-CEO of Trillian has become a massively valuable whistle-blower in the case to expose South African State Capture. Catch up on…
London terror attacks and tensions around North Korea spell another week of international turbulence. Gupta scandals put South Africa in the international headlines for the wrong reasons. Read on for more:
South Africans were cheered by the country’s emergence from a technical recession and a victory against Bell Pottinger, while Hurricane Irma and tensions between the US and North Korea dominated international headlines. Read on for more:
President Jacob Zuma remains in office after surviving the motion of no confidence vote last week. The US and North Korea had a bizarre to and fro of nuclear threats only to have Kim Jong-un reply diplomatically – this appeared to please Donald Trump. Continue reading for a roundup of the past week’s news highlights.