Replacing Nhlanhla Nene with someone who comes outside of Treasury and is is not familiar with the country’s finances and budget at this stage of the country’s economy is ludicrous.

President Jacob Zuma has replace Finance Minister Nhlanhla Nene with former Merafong Mayor David Van Rooyen without giving any reason. The president thanked Nene for his commitment on his job during difficult economic times in the country.

Economists and market analysts have expressed shock at the replacement of finance Minister Nhlanhla Nene with a lesser known Douglas Des Van Rooyen. The announcement saw the rand weaken further to touch 15 rand to the US dollar briefly. Market analysts say the local currency is likely to overreact to the news until there's more clarity over President Jacob Zuma's unexpected decision to recall Nene. Tshepo Mongoai reports…

Zimbabwe's ruling Zanu PF says the upcoming party conference will not result in any leadership changes. The party says the conference will instead review the progress made in implementing the party's economic blueprint- ZIMASSET. The 15th Annual People's Conference due to officially open in resort town of Victoria Falls on Friday comes a year after a watershed Congress that purged the ruling party of senior leaders accused of trying to oust long time ruler president Robert Mugabe. Shingai Nyoka reports

The City of Ekurhuleni is now allowing members of the public and companies bidding for tenders to sit and observe the tender adjudication proceedings .Sakina Kamwendo speaks to Councillor Moses Makwakwa about promoting transparency and effective administration.

The Minister of Environmental Affairs, Edna Molewa, is leading the South African delegation to the High Level Segment of the COP 21 climate change conference in Paris. Delegates are working hard to produce a universal, legally binding agreement that will enable countries to effectively combat the impact of climate change. Sakina Kamwendo speaks to Minister Edna Molewa about some of the silent aspects of the COP 21 agreements.

What is the appropriate wedding gift to buy and how much should you spend on it?

Market analyst Clive Ramathibela joins us on the line

1. U.S. stocks declined, tracking a selloff in equity markets around the world, on renewed worries about the prospects for global growth

2. Rand Drop Pushes South African Assets Abroad at Record Pace

3. Why SMME's continue to register despite the tough economic conditions

Nerina Vissar, Strategist at ETF SA looks at Anglo suspending dividends until end of 2016, South African Reserve Bank bulletin confirms basis for credit downgrades and how the drought is affecting the country.

Calls by Republican Presidential candidate Donald Trump that Muslims be banned from entering the country is receiving push back from the White House to his fellow candidates. Trump made the call after attack on St Bernardino,California in which two suspects sympathetic to ISS killed 14 people and injured 21. The White House says Trumps remarks disqualified him to be president. Sherwin Bryce-Pease reports....