Well this is bad, rand is going to crash again.
I'm wondering if Ramaphosa is being malicious on purpose, since if value crashes, more difficult for people to emigrate.
In regards to finance minster:
Subpoenaed bank accounts show former minister did receive a salary that he failed to disclose to Canyon Springs.
mg.co.za
And also one of those who flew to Zim:
DA MP Kobus Marais said the governing party had already admitted guilt in this regard as well as to flouting Covid-19 lockdown regulations.
www.iol.co.za
Not sure what happened to the original DA criminal charges filed against him, a bit insane that all he had to do was apologize and say he'd pay back the bribes and there were no consequences even after lying to an inquiry:
https://pmg.org.za/committee-meeting/31517/
He's still being investigated by Scopa AFAIK.
He's also pro BBEE and wants to speed up EWC.
Not sure I am happy with State security going under Presidency directly, seems like an issue with separation of powers.
Water being split is good, but that department is utterly gutted, no clue what's going to happen there.
That entire shuffle was just overall bad, it also didn't include any consequences for anything basically except the one guy who will have criminal proceedings against him resigning so Ramaphosa doesn't have to fire and they'll probably try to sweep away under a rug. This will have an impact on the rand tomorrow probably, will see how huge it is as it's mostly dependent on overseas understanding who the new finance minister actually is, and if he is stupid enough to say BEE and EWC are a priority.