1.  It’s D-Day for the South African Federation of Trade Unions (Saftu), which has planned a national shutdown in rejection of the minimum wage. Saftu was launched a year ago by former Cosatu heavyweight Zwelinzima Vavi. It represents 30 unions, including the country's largest: the National Union of Metalworkers of South Africa (Numsa). Click here for details on where the strike could hit. Meanwhile, wage talks with civil servants have dragged on for months, risking the first public-sector strike since 2010.

2.  SAA needs money. Pronto. Its CEO Vuyani Jarana said in Parliament that it needs a new capital injection “now” to stay afloat. It has last generated a profit since 2011.

3. The yield on the most important bond in the world, the US 10-year Treasury, yesterday hit 3%, its highest level since January 2014. It pushed the rand to its lowest level in three months. This morning it was trading at R12.33 to a dollar.

4.  The auditing firm Nkonki is shutting down its biggest office. Last year, a Gupta-linked investor bought a controlling stake in Nkonki. The Auditor General recently fired Nkonki from its list of some 40 suppliers of audit services to the public sector

5.  Namibia is considering “slowing down BEE” in its mining sector, as it seeks to woo investors.

Our 6 favourite reactions to Bryan Habana’s retirement

The record-breaking Springbok wing Bryan Habana has announced he will retire from the game later this year. The 34-year-old Habana is the second-most-capped Springbok of all time with 124 Test caps.

Habana himself gave a shout out to his alma mater, King Edward VII School in Houghton, following the announcement:

Receive a single WhatsApp message every morning with all our latest news: Sign up here.

See also: