Breakfast Edition: 14 December 2015

ZUMA REAPPOINTS PRAVIN GORDHAN AS FINANCE MINISTER: There has been much reaction this morning following President Jacob Zuma's second surprize announcement in less than a week. Zuma re-summoned the former Finance Minister, Pravin Gordhan as Finance minister, replacing the newly appointed David van Rooyen. The rand has already seen a steady recovery after breaking the R24.00 barrier on Friday. Zuma said in a statement that after he had appointed Van Rooyen, he had "received many representations to reconsider my decision". "As a democratic government, we emphasise the importance of listening to the people and to respond to their views," Zuma said. Standard Bank Economist, Chris Hart says although the market reaction is positive, we're not out of the woods yet.

 FINANCIAL INDICATORS:

POLITICAL PARTIES REACT TO FINANCE MINISTER: Political parties have been quick to respond to the late night announcement. The DA's Mmusi Maimane says the president is playing Russian Roulette with the country's economy. The EFF's Mbuyiseni Ndlozi says the president's actions since Wednesday have been a joke and turned the country into a Banana Republic. He says it is clear that the president is putting his own personal interests first.

MANDELA'S GRANDSON BACK IN COURT: The rape case of the grandson of the former state president Nelson Mandela is back in court this morning. The matter was postponed to December for further investigation. Mandela is accused of raping a 15 year old girl in the bathroom of a restaurant in Greenside in August this year. Silindelo Masikane reports.

COP 21 AGREEMENT SINGNED: Earlier yesterday, President Jacob Zuma applauded the agreement in Paris, by almost 200 countries to cap climate change. He said it would not have been possible without South Africa's input. According to the presidency, the COP17 discussions held in Durban in 2011 formed the foundation for the agreement. US President Barack Obama described the agreement as historic, albeit imperfect. 

THOUSANDS OF MOTORISTS PULLED OVER: The Road Traffic Management Corporation says 165 000 vehicles have been pulled over since the start of the festive season. RTMC encouraged motorists to drive responsibly en obey the rules of the road. Spokesperson Simon Zwane reminded motorists of their responsibility on the road.

SABC COO BACK AT WORK: The SABC's controversial head, Hlaudi Motsoaneng is expected back at work today. This after an SABC disciplinary hearing found him not guilty of all charges levelled against him in a public protector's report and a Western Cape High Court ruling. Motsoaneng hit back at those questioning his credentials. 

SPREADING THE CHRISTMAS CHEER: We' heard many a caroling stories as we head into the festive season, by this one is ACTUALLY pretty good. A group of carolers took the streets in America to spread the Christmas cheer to those who are working minimum-wage jobs - singing on the back of a trailer at a drive through.

HOW TO STOP DRONES: While most countries, including South Africa, are busy with legislation to control drones, police and aviation authorities are struggling to control the situation. Bu the Japanese might have found the answer. They implimented drones - fitted with nets - to clamp down on the illegal hover-crafts. 

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