SAA south african news today

SAA photo by Hansueli Krapf, supplied

South African news today: Your headlines in five minutes for Friday 2 November

Gigaba could be going, whereas Moyane is gone. There’s also a surprise rand recovery and more on SAA’s future in Friday’s South African news today wrap.

SAA south african news today

SAA photo by Hansueli Krapf, supplied

The weekend is almost here, but a busy week shows no signs of slowing down. The South African news today wrap is focused on the future of SAA and a surprise rally from the rand.

South African news today, Friday 2 November

Tito Mboweni calls for SAA shutdown

There was a stunning admission from the country’s finance minister on Thursday night when he openly stated that South African Airways (SAA) should be shut down. Tito Mboweni does not believe the SOE can turn their ailing fortunes around. However, that decision lies with Pravin Gordhan only.

Dollar to rand value for Friday 2 November

The rand enjoyed a near-2% rally in the right direction on Thursday, climbing to R14.37 against the dollar. A deal between the EU and the UK over Brexit seems to have neared, strengthening both currencies against the greenback and towing the rand along with it.

Tom Moyane set to strike back

The fired SARS commissioner was given his marching orders by Cyril Ramaphosa on Thursday evening, following recommendations by the Nugent Inquiry. However, Moyane doubts the legal mandate of the panel, and will be taking his case to ConCourt. That didn’t work out so well for our next guy, though.

Malusi Gigaba ends his horror week

Sex tape, Parliamentary drags, named as a liar by the public protector and on Thursday, and ConCourt dismissed his appeal against a case which found he lied under oath… with costs. John Steenhuisen leant his voice to the growing calls for Gigabyte to stand down or be fired.

E-tolls protest set for Gauteng

The Organisation Undoing Tax Abuse start their march against e-tolls at Burgers Park in Thabo Sehume and Jacob Mare streets in Pretoria Central, from 9:00 on Friday 2 November. They will be heading to the Union Buildings, to make the government know they will not be paying the fees.

SA Weather

We’ve got your latest updates for Friday, as a week of extreme weather attempts to calm.

Friday’s horoscope

Could you be in store for a lucky day? Let’s hope so.