5 important things happening in South Africa today

Here’s what is happening in and affecting South Africa today:

  • No speed cameras: Johannesburg’s speed cameras have not been operational for a year, with all speed prosecutions halted since 31 May 2021. A tender process for the cameras is currently underway, with the Johannesburg Metropolitan Police Department hopeful that the issue will be resolved by the end of June. [eNCA]

  • Transformation push: Finance minister Enoch Godongwana has blamed state capture and a ‘lack of political will’ for stalling the country’s transformation efforts. Godongwana said that transformation was not only an economic and political imperative but a moral one too and that efforts will be ramped up through new legislation in the coming months. [News24]

  • Step-aside: The ruling ANC has closed a loophole that allows members facing criminal charges to stand for office. A special meeting of the party’s national executive committee on Tuesday resolved that members who have been charged with a crime cannot run for office. Under the previous rules, members facing criminal charges were merely expected to step aside from official roles. The move is expected to bolster president Cyril Ramaphosa’s anti-corruption efforts. [BusinessDay]

  • Court ruling on Covid rules: The Western Cape High Court is set to hand down its ruling on the controversial new draft health regulations, which partially replace the country’s long-term state of disaster. If they become law, the draft regulations will provide a way for health authorities to regulate any outbreaks of coronavirus infections and give the government wide-ranging powers to manage patients testing positive for Covid. [Daily Maverick]

  • Markets:  On Thursday, the South African rand was nearing R16/dollar, following its largest weekly fall since March 2020. The local currency was close to the biggest faller in the G20 currency complex during the week to Wednesday after being outdone in its decline by only the Brazilian Real, with many headwinds cited for the crushing losses. The rand is currently trading at R15.93/$, R16.73/€ and R19.94/£.

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