— Speculation that Finance Minister Pravin Gordhan was facing arrest hammered investor sentiment on Monday, causing the rand to tank more than 2 percent.
The jitters again made the rand the worst performer among emerging market currencies after it sank to R15.74 against the U.S. dollar from Friday’s close of R15.40. (Business Day)
— An ANC councillor is among those arrested for torching schools and violent protests in the troubled Vuwani town in Limpopo.
The town remained on a knife-edge as the lockdown continued despite government plans to have schooling resume on Monday. (City Press)
— The South African Minerals Department cuts budget for environmental oversight in mining. (Mail & Guardian) Enditem