1. Members of the South African Federation of Trade Unions (Saftu) disrupted a parliamentary committee meeting meant to discuss the National Minimum Wage Bill on Wednesday. Some 15 Saftu representatives were evicted from the meeting, which turned violent.
2. Naspers, which represents 20% of the total value of all the shares listed on the JSE, rallied 5% yesterday to close at R3,260 following the release of Tencent’s first-quarter earnings. Naspers owns a third of the Chinese tech behemoth. Tencent blew past analysts’ expectations as revenues for the quarter soared to 23.3 billion yuan, higher than the forecast average of 17 billion yuan.
3. The SA Revenue Service (SARS) has reportedly proposed shortening the 2018 annual filing season by almost a month. This means that nonprovisional taxpayers will only have until 21 September to file their returns.
4. The rand was swept higher by a rally in emerging market currencies, unleashed by the Turkish central bank's announcement that it would take action against a sell-off in the lira. This morning, the rand was trading at R12.44 to a dollar.
5. Investec, Oceana and Datatec are some of the companies expected to release financial results today.
Our favourite reactions to the Barca match last night:
The Spanish giants Barcelona secured a comfortable 3-1 win against Mamelodi Sundowns in the Mandela Centenary Cup at the FNB Stadium last night. This is how Twitter reacted: