The African National Congress (ANC) has proposed a two-stage approach to Parliament's Section 89 impeachment inquiry into President Cyril Ramaphosa over the 2020 Phala Phala farm burglary.

The committee aims to first assess reports from the Public Protector, the independent panel, and the South African Reserve Bank before deciding on a full inquiry.

Opposition parties, including the uMkhonto weSizwe (MK) Party and the African Transformation Movement (ATM), demand immediate action with Ramaphosa giving oral testimony.The committee failed to agree on terms of reference and will reconvene next week.

Meanwhile, police are hunting a suspected cash-in-transit robbery gang linked to violent crimes in Gauteng, having raided a safe house in Daveyton and recovered weapons.

The South African Reserve Bank's Monetary Policy Committee is set to announce its interest rate decision, with economists expecting the repo rate to remain at 7% despite rising inflation.Analysts note the inflation data may not significantly influence the decision, though a split vote remains possible.Nedbank predicts a 25-basis-point increase, while markets await guidance from Governor Lesetja Kganyago on future monetary policy.