load shedding eskom rand

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South African news today: Your headlines in five minutes for Wednesday 21 November

Could junk status be on its way back to Mzansi? We’ve got all the latest stories for the day ahead in our South African news today wrap.

load shedding eskom rand

Photo: Pixabay

Keeping up with all the big events in Mzansi is no mean feat. Our South African news today round-up tells you everything you need to know about what’s happening in the country. We’ve got more on a possible credit downgrade, and developments with Tom Moyane.

South African news today, Wednesday 21 November:

Momentum pay out the Ganas family

The insurance company bowed to intense public pressure on Tuesday evening and decided they would pay out R2.4 million to the family of a father killed during a hijacking. Momentum had initially declined the claim, as Nathan Ganas had failed to disclose his high blood sugar levels.

Credit rating

The South African economy is set to hold its breath on Friday when rating agency S&P delivers its credit verdict on Mzansi. Their current rating for SA is below investment grade, but fears still linger that they could choose to put the country into junk status. [Read more: Mail and Guardian]

South African illegally helping North Korea

The US Treasury placed a Russian-born South African man on its sanctions blacklist for allegedly helping North Korea avoid an international embargo on its energy purchases. Vladlen Amtchentsev is accused of breaking US sanctions imposed on the hermit state. [Read more: eNCA]

Tom Moyane links up with Jacob Zuma

Name us an unholier alliance. We’ll wait. Jacob Zuma has decided to support Tom Moyane’s court case against his dismissal from SARS, by filing an affidavit in support of the former commissioner. The pair are hoping ConCourt will reinstate Moyane to his previous position.

Pravin Gordhan faces EFF taunts

Meanwhile, there was all sorts of drama at the state capture inquiry on Tuesday, with most of it happening outside of the hearing. The EFF ramped up their campaign against Gordhan, accusing him of racism of corruption. Julius Malema also called out the media for “biased” reporting in favour of PG.

Dollar to rand exchange rate for 21 November

Stability is nice, but after dipping through the R14 barrier once again on Tuesday, the rand couldn’t quite hold on to those gains overnight. As it did 24 hours ago, ZAR opens at R14.08 to the dollar today.

Powerball and Powerball plus draw for Tuesday 20 November

PowerBall: 14, 32, 33, 37, 47             Powerball: 15

PowerBall Plus: 23, 35, 39, 40, 44     Powerball: 8

SA Weather

Here’s the latest report on what’s happening in your region. Heat, rain and wind dominate the forecast.

Wednesday’s Horoscope

Need some pointers in the right direction? Here we go.