HERE’S WHAT’S HAPPENING IN SOUTH AFRICA TODAY

Mon 09 February 2026:

Here’s what’s happening in South Africa today:

◼️ SA link in Epstein files raises fresh questions about grooming networks: “It basically highlights how international exploitation networks don’t just operate in distant, shadowy places, but they embed themselves in respected local industries like modelling, tourism and entertainment, often hiding in plain sight,” she said. Brecht added that many victims are recruited through false promises of employment.
https://www.ewn.co.za/2026/02/09/south-africa-link-in-epstein-files-raises-fresh-questions-about-grooming-networks

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◼️ Msimanga seen as serious challenger: However, some party insiders believe that if the DA is to survive as multiracial party substantial enough to challenge the ANC for outright dominance at the polls, then another white male – no matter how accomplished – will not send the right message to black voters.
https://www.citizen.co.za/news/south-africa/politics/msimanga-seen-clean-break-race-da-party-leadership/

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◼️ Kganyago warns on risk of growing stablecoin use: SA’s Reserve Bank Governor Lesetja Kganyago warned about the risk of the increasing popularity of stablecoins, saying there’s a danger the cryptocurrency assets could “break apart.” Central banks need “to protect the oneness of money and the affordability of money to the public,” Kganyago said Saturday at the 2026 Warwick Economics Summit. “The truth of the matter is that these things could break apart,” he added, in a reference to stablecoins.
https://www.bloomberg.com/news/articles/2026-02-07/south-africa-s-kganyago-warns-on-risk-of-growing-stablecoin-use

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◼️ Bad news for Eskom customers: South Africa’s energy regulator, Nersa, has confirmed that Eskom’s average tariffs will rise by 8.76% this year, an increase from the 5.36% that was initially announced over a year ago. Eskom’s new rates, stemming from a revenue reevaluation to correct Nersa’s earlier errors, will take effect on April 1 for direct customers and July 1 for municipal customers.
https://businesstech.co.za/news/energy/850244/bad-news-for-eskom-customers-now-official/

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◼️ Don’t let SA become the next Zimbabwe: This is unnecessary, as Zimbabwe is blessed with natural resources such as gold, lithium, and diamonds. However, the leadership destroyed the country. He described politicians flaunting obscene wealth, like buying the latest Lamborghinis and Bugattis, while public infrastructure collapses. Mbofana urged South Africa not to let the narrative of having fought for democracy and independence blind them to the looting and mismanagement by those in power.
https://newsday.co.za/south-africa/16844/dont-let-south-africa-become-the-next-zimbabwe/

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