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Faster Than Expected Decline In Job Openings


Crude Steady with Time Spreads Lower


Venezuelan Exports Dip in July


BLOCK, 10Y Put Buy


(U2)‌‌ Rally Stalls For Now

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  • Magahsule-Ramaphosa court battle delayed from this week to 24-25 June in the Johannesburg high court after Magahsule called for the matter to be heard by a full court
  • Ministerial Advisory Council criticises Govt's "lenient" adjusted level 2 lockdown measures, especially regarding mass gatherings. Saying they were expecting minimum level 2 or 3.
    • Ramphosa fell short of curbing alcohol sales too amid pressure to keep the industry afloat
  • Land expropriation committee receives another 30-day extension to complete its work after meetings last week failed to reach a consensus.
    • Committee Chair Motshegka says a special sitting of parliament may have to be called as this matter cannot be dragged on further than this extension
  • Eskom implements load-shedding on Monday evening, citing high demand and breakdowns of generation units amid an earlier than expected cold front.
    • Foresees load-shedding probability as high this week
  • Fuel prices changes due Wednesday: R0.10 decrease for petrol, but R0.20 increase for diesel & paraffin
MNI London Bureau | +44 020-3983-7894 |
MNI London Bureau | +44 020-3983-7894 |

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