{"id":144763,"date":"2016-11-28T07:55:22","date_gmt":"2016-11-28T05:55:22","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=144763"},"modified":"2016-11-28T08:14:55","modified_gmt":"2016-11-28T06:14:55","slug":"5-things-you-need-to-know-in-south-africa-today-93","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/government\/144763\/5-things-you-need-to-know-in-south-africa-today-93\/","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.iol.co.za\/news\/politics\/anc-meeting-extended-zumas-fate-uncertain-2093875\">The ANC NEC meeting has been extended by one more day, with the gathering now ending later today instead of on Sunday as was initially planned<\/a><\/strong>. It was not announced why the meeting was extended, but it is understood to be because of a surprise tabling of a motion to recall president Jacob Zuma. Reports say that the NEC is split down the middle on whether to vote in the motion, with many NEC members staying away in order to avoid being a part of the process.<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"http:\/\/www.news24.com\/SouthAfrica\/News\/exclusive-3-ministers-ask-zuma-to-step-down-20161128\">At least three ministers are fighting for the vote to fire Zuma to go ahead at the ANC&#8217;s NEC meeting<\/a><\/strong> &#8211;\u00a0Tourism Minister Derek Hanekom, Health Minister Aaron Motsoaledi and Public Works Minister Thulas Nxesi have all asked Zuma to resign\u00a0&#8211; strongly supported by ANC chief whip Jackson Mthembu, News24 reports.<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"http:\/\/www.businesslive.co.za\/bd\/economy\/2016-11-28-infighting-worries-fitch-and-moodys\/\">South Africa is dancing on a knife&#8217;s edge as two ratings agencies have so far given the country a break and avoided cutting it junk &#8211; but the last, and most pessimistic, agency is still to make its decision.<\/a><\/strong> Last week Moody&#8217;s and Fitch gave South Africa a reprieve &#8211; 6 months to show it can change things around. The former has SA two notches above junk, while the latter is one notch above junk. Both have now put the country on a negative outlook. S&amp;P Global is last to decide &#8211; and it already has the country on a negative outlook, one notch above junk.<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/www.enca.com\/south-africa\/abrahams-to-respond-to-zumas-letter\">NPA head Shaun Abrahams has until today to respond to president Jacob Zuma&#8217;s requests for reasons why he should not be suspended<\/a><\/strong>. Today is the deadline for Abrahams to convince Zuma that he did not shirk his duties as NDPP by pursuing a failed case of fraud against finance minister Pravin Gordhan, missing or ignoring vital evidence which would have dissolved the case in court. The evidence was presented by the Helen Suzman Foundation and Freedom under law &#8211; who recently failed in a court bid to force Zuma to act on Abrahams.<\/li>\n<\/ul>\n<ul>\n<li>South Africa&#8217;s rand weakened on Friday after Fitch cut its rating outlook to negative as it affirmed the country&#8217;s investment grade rating at one-notch above &#8220;junk&#8221;, but followed up with a rally. <strong><a href=\"http:\/\/www.xe.com\/currencycharts\/?from=USD&amp;to=ZAR\">On Monday the rand back under R14 to the dollar, trading at R13.98 to the dollar, R17.46 to the pound and R14.89 to the euro<\/a><\/strong>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The ANC NEC is reportedly split down the middle on whether to move ahead with a vote to have president Jacob Zuma recalled; three ministers who are leading the charge against Zuma at the NEC have been revealed; and while SA has avoided junk status so far &#8211; but the most pessimistic rating agency&#8217;s decision still looms.<\/p>\n","protected":false},"author":10,"featured_media":96017,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[23],"tags":[26],"class_list":["post-144763","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-government","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/144763","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=144763"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/144763\/revisions"}],"predecessor-version":[{"id":144765,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/144763\/revisions\/144765"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/96017"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=144763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=144763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=144763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}