Good morning. Now that Cyril Ramaphosa has won re-election as ANC president he will have a lengthy to-do list, which includes multiple crises, dealing with enemies in his cabinet and positioning the party to win the 2024 elections.
The crumbling state, cabinet reshuffle, 2024 polls
Following his re-election, Ramaphosa has a strengthened political hand and will want to reshuffle his cabinet, possibly as early as January, to reward his backers and remove his detractors from office. Nkosazana Dlamini-Zuma and Lindiwe Sisulu are among those rumoured to get the axe while the new secretary general of the ANC, Fikile Mbalula, will likely resign as transport minister with his new job at Luthuli House a full-time position. Read more here. (Daily Maverick)
Donald Trump should face criminal charges over January 6 Captiol attack
The US House of Representatives committee that has been investigating the January 6 attack on the US Capitol Building in 2021 recommended that former president Donald Trump face criminal charges for his role. It marks the first time in US history that Congress has taken such action against a former president. Trump is accused of breaching four federal criminal statutes, including obstruction of an official proceeding of Congress, assisting an insurrection and conspiring to defraud the United States. Read more here. (The Guardian)
What led Twitter users into voting for Elon Musk to step down as CEO
A majority of voters indicated that Elon Musk should resign from his role as head of Twitter after Musk conducted a poll on whether he should vacate the position. When the poll closed on Monday, around 58% of users indicated that they would prefer it if Musk were to step aside. Bloomberg details a timeline from Musk’s taking over of the company to the vote from users to illustrate just how Musk’s turbulent couple of months of ownership pushed users into asking for him to leave. Read more here. (Bloomberg)
Here’s what else you need to know today:
Ramaphosa, Mashatile & Newco – These are the ANC’s Top Seven – Daily Maverick
In the wake of Ramaphosa’s victory, SA is still depressed, divided and desperate for true leadership – Daily Maverick
Steinhoff share price tanks while management takes home hefty packages – Daily Maverick
Good news for petrol prices in January – BusinessTech
Interest rate hikes and inflation discouraging home purchases and driving rentals – report – News24
Meta slides after EU says the Facebook-parent company could pay R200 billion in fines – Business Insider
SBF Sent Back to Bahamian Jail After Catching Lawyer Off Guard With US Extradition Plan – Bloomberg
Jury finds former Hollywood producer Harvey Weinstein guilty of rape – DM/Reuters
