Interest rate cut on the cards for South Africa, and ANC calls for criminal justice lifestyle audits
Today, 19 November, in the Madlanga Commission investigating police corruption, the testimony from controversial businessman Brown Magotsi is set to continue.
Yesterday, Magotsi made startling yet unsubstantiated allegations to the commission, including that KwaZulu–Natal Police Commissioner Nhlanhla Mkhwanazi is a CIA agent.
In the Ad Hoc Committee also investigating police corruption, Cedrick Nkabinde will return to the committee today. This is after his testimony was postponed last week due to inconsistencies in his statement.
The Nkabinde inquiry, investigating suspended South Gauteng Director of Public Prosecutions, Advocate Andrew Chauke, and his fitness to hold office, Advocate Shamiola Batohi, will give testimony today.
In the Pretoria High Court, the trial against five men accused of the murder of soccer captain Senzo Meyiwa will continue, with the state questioning Absalom Zungu.
He is said to have been the one who tipped police off about two of the five accused.
In the Western Cape High Court, alleged underworld gang boss Nafiz Modack is set to be cross-examined in a case related to the attempted murder of criminal defence attorney William Booth.
Modack and five others face charges of attempted murder after Booth survived a shooting at his home five years ago.
The rand is trading at R17.17 today, strengthening slightly after closing business on Tuesday at R17.21.
Here are five big things happening in South Africa today:
Interest rate cut on the cards for South Africa – Daily Investor
The Reserve Bank’s Monetary Policy Committee is set to meet today, with experts expecting an interest rate cut.
ANC calls for lifestyle audits of top cops and prosecutors – EWN
The ANC’s National Executive Committee wants lifestyle audits to be carried out on the leadership of the National Prosecuting Authority and South Africa’s top cops.
SA’s unemployment rate is 530% higher than the average G20 participant – BusinessTech
The host nation’s official unemployment rate of 31.9% is more than five times higher than the G20 average.
North West municipalities are violating human rights – Newsday
An investigation by the South African Human Rights Commission has found that service delivery failures across municipalities in the province represent a systemic breakdown of local governance.
Internet users in South Africa hit by global Cloudflare outage – MyBroadband
Cloudflare, a service that helps defend websites against distributed denial-of-service attacks, was hit by a global outage on Tuesday, 18 November.