{"id":139063,"date":"2016-10-05T07:55:42","date_gmt":"2016-10-05T05:55:42","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=139063"},"modified":"2016-10-05T07:55:42","modified_gmt":"2016-10-05T05:55:42","slug":"5-things-you-need-to-know-in-south-africa-today-55","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/government\/139063\/5-things-you-need-to-know-in-south-africa-today-55\/","title":{"rendered":"5 things you need to know in South Africa today"},"content":{"rendered":"<p>Here&#8217;s what is happening in and affecting South Africa today:<\/p>\n<ul>\n<li><strong><a href=\"http:\/\/ewn.co.za\/2016\/10\/05\/Wits-University-agrees-to-academic-programme-will-resume-on-Monday\">Wits University has agreed to resume classes on the 10th of October as protest actions continues on its campuses<\/a><\/strong>. The institute reached an agreement with student representatives on the date, and also agreed to remove police from the perimeter of the university, on condition that the violent protests cease.<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"http:\/\/www.timeslive.co.za\/thetimes\/2016\/10\/05\/D-Day-for-stubborn-SABC-head-honchos\">The portfolio committee on communication will today meet with the SABC board, and is expected to give the group a grilling regarding the reappointment of Hlaudi Motsoeneng<\/a><\/strong> to an executive position. The ANC is unhappy with the decision to reappoint the controversial former COO, and is looking to sack the entire board.<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"http:\/\/www.bloomberg.com\/news\/articles\/2016-10-04\/imf-cuts-2017-gdp-growth-outlook-for-africa-s-largest-economies\">The International Monetary Fund has cut its 2017 economic growth forecast for South Africa in 2017<\/a><\/strong>. The country is now expected to grow by only 0.8% next year, from a 1.0% projection in July. Finance minister Pravin Gordhan said that SA&#8217;s growth in 2017 will be above 1.0%. SA&#8217;s growth forecast for 2016 was cut to just 0.1% by the IMF in July. Treasury sees growth at 0.4% for the year.<\/li>\n<\/ul>\n<ul>\n<li>Public Protector Thuli Madonsela saved the best for last as her tenure draws to a close &#8211; by <strong><a href=\"http:\/\/www.bdlive.co.za\/national\/2016\/10\/05\/protector-moves-to-quiz-president\">grilling the president himself over claims of state capture and corruption involving the Gupta family<\/a><\/strong>. Madonsela on Tuesday <strong><a href=\"http:\/\/www.timeslive.co.za\/thetimes\/2016\/10\/05\/Madonsela-grills-a-Gupta\">interrogated Ajay Gupta<\/a><\/strong> on the matter, though she is yet to speak to the other Gupta brothers who are said to be involved with the scandal.<\/li>\n<\/ul>\n<ul>\n<li>The South African central bank governor said on Tuesday <strong><a href=\"http:\/\/af.reuters.com\/article\/southAfricaNews\/idAFL5N1CB092\">the\u00a0decline in consumer inflation to within the bank&#8217;s target\u00a0range of 3-6 percent was expected to be temporary <\/a><\/strong>and that\u00a0there was no room for complacency in monetary policy. The\u00a0rand weakened against the dollar on\u00a0Tuesday, mainly reflecting broad dollar strength on\u00a0resurgent U.S. interest rate hike expectations.<\/li>\n<\/ul>\n<ul>\n<li>R\/USD &#8211;\u00a013.81<\/li>\n<li>R\/GBP &#8211;\u00a017.58<\/li>\n<li>R\/EUR &#8211;\u00a015.48<\/li>\n<\/ul>\n<p><strong>In other news:<\/strong> Joburg&#8217;s water services are under severe pressure and are at risk of collapsing if citizens don&#8217;t take the necessary measures to control their water use.<strong><a href=\"https:\/\/www.enca.com\/south-africa\/tougher-water-restrictions-for-gauteng\"> Water minister Nomvula Mokonyane says that anyone ignoring water restriction rules could face severe fines or even prison time<\/a><\/strong>. Municipalities have 15% less water that what they usually receive.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It&#8217;s Zuma&#8217;s turn to face the Public Protector on the Gupta scandal; Wits has reached an agreement with students on when to resume classes; the IMF cuts hope for stronger growth in SA in 2017; and it&#8217;s D-Day for the SABC board as it faces Parliament today.<\/p>\n","protected":false},"author":10,"featured_media":106749,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872,11121,23],"tags":[26],"class_list":["post-139063","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-finance","category-government","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/139063","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=139063"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/139063\/revisions"}],"predecessor-version":[{"id":139067,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/139063\/revisions\/139067"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/106749"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=139063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=139063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=139063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}