{"id":144479,"date":"2016-11-25T07:54:23","date_gmt":"2016-11-25T05:54:23","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=144479"},"modified":"2016-11-25T07:54:23","modified_gmt":"2016-11-25T05:54:23","slug":"5-things-you-need-to-know-in-south-africa-today-92","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/government\/144479\/5-things-you-need-to-know-in-south-africa-today-92\/","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:\/\/www.timeslive.co.za\/thetimes\/2016\/11\/25\/Wait-for-Zuma-response-Judges\">Two lobby groups have failed in their bid to force president Jacob Zuma&#8217;s hand in the matter of suspending NPA head Shaun Abrahams<\/a><\/strong>. A full bench of the High Court struck the Helen Suzman Foundation and Freedom Under Law&#8217;s attempt to have Zuma suspend Abrahams as a matter of urgency, saying that the groups should wait for the president to conclude the process he has already initiated on the matter.<\/li>\n<\/ul>\n<ul>\n<li>The ANC Youth League has criticised Cosatu for naming their favoured candidate, saying <strong><a href=\"https:\/\/www.businesslive.co.za\/bd\/national\/2016-11-24-cosatu-holding-a-gun-to-ancs-head-says-collen-maine\/\">that it was like holding a gun to the party&#8217;s head<\/a><\/strong>. It also reminded the union federation that it was not a political party and didn&#8217;t vote for ANC leadership. Despite the criticism, the ANCYL, rather hypocritically, and the ANC Women&#8217;s League have both been<strong><a href=\"http:\/\/ewn.co.za\/2016\/11\/25\/ancwl-says-sa-is-ready-for-female-president\"> vocal about their desire for a female president, and have widely been seen as backing Nkosazana Dlamini-Zuma for the role<\/a><\/strong>.<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"http:\/\/ewn.co.za\/2016\/11\/25\/moody-s-set-to-announce-its-decision-on-downgrade\">Ratings agency Moody&#8217;s will announce its rating decision on South Africa today, with expectations that it is too close to call.<\/a><\/strong> Moody&#8217;s is the rating agency that has, so far, cut South Africa the most slack, keeping the country two notches above junk status, with a negative outlook. The group said it would downgrade South Africa if economic growth was still too low &#8211; a very real reality in the country. S&amp;P Global and Fitch will make announcements in early December.<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"http:\/\/www.businesslive.co.za\/bd\/national\/media\/2016-11-25-motsoeneng-court-twist\/\">In a surprising concession, lawyers for communications minister Faith Muthambi &#8211; defending controversial SABC executive Hlaudi Motsoeneng in court &#8211; say that a new disciplinary review process should be set up for Motsoeneng<\/a><\/strong> at the SABC, as the last one &#8211; which cleared him of all wrongdoing &#8211; was not legally sound. Motsoeneng is back in court with the DA again trying force the SABC to fire him.<\/li>\n<\/ul>\n<ul>\n<li>South Africa&#8217;s rand pared some of its earlier losses against the dollar on Thursday after the central bank kept domestic interest rates unchanged, but sounded a hawkish tone, warning about inflation pressures. <strong><a href=\"http:\/\/www.xe.com\/currencycharts\/?from=USD&amp;to=ZAR\">On Friday the rand was trading at R14.12 to the dollar, R17.57 to the pound and R14.93 to the euro<\/a>.<\/strong><\/li>\n<\/ul>\n<p><strong>In other news:<\/strong> It is Black Friday in South Africa &#8211; a day for massive deals and discounts across every retail sector imaginable. <strong><a href=\"https:\/\/businesstech.co.za\/news\/technology\/144395\/beware-black-friday-scams-in-south-africa\/\">BusinessTech has compiled a safety guide on how to avoid getting scammed<\/a><\/strong> &#8211; while MyBroadband has listed a handy guide of <strong><a href=\"http:\/\/mybroadband.co.za\/news\/gadgets\/188256-where-to-get-the-best-black-friday-2016-deals-in-south-africa.html\">where you find all the best deals<\/a><\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lobby groups have been told to let president Zuma decide NPA head Shaun Abraham&#8217;s fate; pro-Zuma factions of the ANC are not happy with Cosatu&#8217;s endorsement of Ramaphosa; South Africa faces its first wave of ratings decisions today; and Black Friday is here &#8211; don&#8217;t get scammed.<\/p>\n","protected":false},"author":10,"featured_media":142568,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872,11121,23],"tags":[26],"class_list":["post-144479","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\/144479","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=144479"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/144479\/revisions"}],"predecessor-version":[{"id":144481,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/144479\/revisions\/144481"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/142568"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=144479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=144479"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=144479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}