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Top news items in major S. African media outlets

Xinhua, May 17, 2016 Adjust font size:

The following are news highlights in major South African media outlets on Tuesday.

-- Speculation that Finance Minister Pravin Gordhan was facing arrest hammered investor sentiment on Monday, causing the rand to tank more than 2 percent.

The jitters again made the rand the worst performer among emerging market currencies after it sank to R15.74 against the U.S. dollar from Friday's close of R15.40. (Business Day)

-- An ANC councillor is among those arrested for torching schools and violent protests in the troubled Vuwani town in Limpopo.

The town remained on a knife-edge as the lockdown continued despite government plans to have schooling resume on Monday. (City Press)

-- The South African Minerals Department cuts budget for environmental oversight in mining. (Mail & Guardian) Endit