Morning Brief | Turkey declares state of emergency, Ramaphosa delays cabinet reshuffle, Tourism committee shoots down Spurs deal

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Twin earthquake latest: Turkey declares state of emergency as death toll spikes

(Daily Maverick) – Turkey announced a three-month state of emergency in areas hit by two large earthquakes to aid rescue and restoration work. The earthquakes have killed over 7,000 people in Turkey and Syria and destroyed over 11,000 buildings, locking many inside in cold temperatures. READ MORE 

Cabinet reshuffle delayed until after state of the nation address

(Business LIVE) – President Cyril Ramaphosa wants to wait until after Thursday’s state of the nation address (Sona) before restructuring the national executive. Business Day has it on good authority that Ramaphosa believes a cabinet reshuffle will overshadow the Sona and has told some of his advisers to expect a cabinet reshuffle within a week or two. READ MORE 

Tourism committee says Spurs deal ends ‘here, now’ as it dribbles Sisulu

(News24) – As far as the government is concerned, there is no arrangement between SA Tourism and Tottenham Hotspur, claimed Tourism Minister Lindiwe Sisulu, who received a scathing reaction from the Portfolio Committee on Tourism. Committee head Tandi Mahambehlala said, “It ends here today, now” after SA Tourism’s Tuesday presentation. READ MORE

What’s happening in the markets?

(Daily Maverick) – Tuesday’s drop in U.S. Treasuries led to a decline in early trade for Australian bonds, which was somewhat reversed in early trading on Wednesday. A dollar index remained unchanged after its decline on Tuesday ended a three-day surge. READ MORE 

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