We’re not in November any more: Steenhuisen goes to court to stop State of Disaster despite previous support
(Daily Maverick) – The Democratic Alliance is headed to court to dispute the declaration of a National State of Disaster for electricity, after previously urging President Cyril Ramaphosa to do so in order to address Eskom’s energy problem. READ MORE
Sugar body rejects any expansion of the sugar tax
(Business Day) – The South African Sugar Association (Sasa) has urged the government to halt any increase or expansion of the sugar tax prior to the budget speech, citing the need for time to research and implement its diversification strategy, under which sugar cane will be used for a wide variety of applications other than refined sugar. READ MORE
State of disaster declared over flooding, as forecasters warn of more downpours, strain on rescuers
(News24) – The government has declared a second national state of emergency disaster, this time in response to widespread flooding in the Mpumalanga, Eastern Cape, Gauteng, KwaZulu-Natal, Limpopo, Northern Cape, and North West regions. Forecasters have warned that persistent and heavy rains this week could place a significant strain on rescue teams. READ MORE
What’s happening in the markets?
(Daily Maverick) – Following a rally on Wall Street, shares were up in Asia as investors positioned themselves for US inflation data after a decline in wage-growth expectations alleviated some concern over rising prices. READ MORE
