Flash Briefing: Trump's lawyer jailed; May wins; Tencent Music lists; SA State Capture in FT

In today’s global headlines…. British Prime Minister Theresa May saw off the long threatened challenge to her leadership by hard line Brexiteers within her own party, prevailing with 63% of the vote. American news media is giving blanket coverage to the jailing, for three years, of president Donald Trump’s confidante and former lawyer Michael Cohen. In South African related news, the shares of Tencent Music had a positive debut on the New York Stock Exchange yesterday, the price closing at $14 a share, an 8% uplift for pre-listing buyers. Also, South Africa features prominently in this morning’s influentual Financial Times of London which carries a lengthy article focusing on “explosive claims emerging about Guptas’ influence over the ANC and government.”