Trial now

Consolidating Below Resistance


Approaching Key Support


Hovering Just Off Monday's Late Cheaps


Climbs Above The 20-Day EMA

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  • Ramaphosa and deputy SG Duarte to respond to Magashule's arguments delivered yesterday in court (0800BST today) with the ANC set to tell the court is had the right to suspend Magahshule.
    • Magashule argued that his constitutional rights have been infringed upon by the ANC, as his suspension came without following due process or having a pre-suspension hearing where he could argue his case.
    • His legal team say that the step-aside rule that his suspension was based on was not aligned with the country's Constitution and that he is being individually targeted.
    • He wants his suspension overturned, the step-aside rule declared unconstitutional, and his suspension of president Ramaphosa upheld
  • Gauteng cororonavirus council meeting ends without a change in the level of restrictions, despite experts calling for a hybrid level 3-4 system in the face of a more severe third wave.
    • Instead Makhura called on citizens to adhere to the 'basics' to prevent the virus from spreading.
  • Karpowership Consortium says SA will face more load-shedding as a result of the environmental ban on its operations in SA and said it would fight the verdict – effectively torpedoing the R225bn deal.
    • Analysts have heralded this as a success as the volatile pricing and long duration of the 20y deal was a substantial risk
  • SA records 16,078 new cases & 148 deaths overnight