Happy Friday!

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Today marks the first day since the swearing in of South Africa's new president. The JSE has been buoyed by the latest political developments and we see renewed interest in South African assets. Here are some of the reads this morning that caught my attention:

South African stocks surge after Zuma steps down

Short traders might be caught with their pants down, Ramaphosa rally leaves short traders left red-faced

The market seems to be cheering Discovery's (JSE: DSY) latest trading statement for the half year, Discovery shares bounce back 9%

Steinhoff (JSE: SHF) appointed a CRO to help the group recover from its latest slump, Steinhoff appoints chief restructuring officer

How safe is Crypto? Trader Charged With Stealing $2 Million in Crypto

The super tower construction boom in Asia, Supertall Towers Are Driving an Elevator Revolution

A very interesting piece on how China has gained access to the African continent through one of the most unlikely countries, How Djibouti Became China's Gateway To Africa

And finally, Chinese competition for Tesla is heating up, These 10 Chinese startups are vying to be the next Tesla.

Have a great weekend!

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