{"id":176497,"date":"2017-05-25T07:53:56","date_gmt":"2017-05-25T05:53:56","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=176497"},"modified":"2017-05-25T07:53:56","modified_gmt":"2017-05-25T05:53:56","slug":"5-important-things-happening-in-south-africa-today-66","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/government\/176497\/5-important-things-happening-in-south-africa-today-66\/","title":{"rendered":"5 important things happening 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=\"https:\/\/www.bloomberg.com\/politics\/articles\/2017-05-24\/high-noon-for-president-zuma-as-key-anc-leaders-seek-his-ouster\">Despite denials from the ANC that a discussion around a possible Zuma recall is not on the agenda for the party&#8217;s NEC this weekend, more NEC members are coming forward saying that they will put it on the table &#8211; and the markets are loving it<\/a><\/strong>. Bloomberg reports that four more NEC members have told it that they will put forward a motion to discuss removing the president. The meeting takes place this weekend, starting tomorrow.<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"http:\/\/www.iol.co.za\/business-report\/economy\/denel-contradicts-gigabas-reported-stance-on-vr-laser-asia-9322708\">State company Denel has denied that it has been captured by the Gupta family&#8217;s interests &#8211; but is having an incredibly tough time convincing the portfolio committee probing its dealings with Gupta-linked companies. <\/a><\/strong>While Denel&#8217;s board insists it is acting in the public interest by partnering with the Guptas&#8217; VR Laser despite the company&#8217;s financial problems, it is in direct contradiction of finance minister Malusi Gigaba&#8217;s assessments.<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"http:\/\/www.702.co.za\/articles\/257606\/eskom-destroying-documents-linked-to-molefe-saga-claims-da\">The DA says that it has it &#8220;on good authority&#8221; that Eskom has been destroying documents relating to the Brian Molefe reappointment saga, saying that a trusted source within the power utility contacted them with the information<\/a><\/strong>. Eskom said it will investigate the claims. Eskom faces a formal inquiry into how Molefe came to be Eskom CEO once again, and have been requested to provide all sorts of documentation on the matter.<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"http:\/\/www.huffingtonpost.co.za\/2017\/05\/25\/spur-ceos-open-letter-to-solidarity-this-boycott-serves-a-poli_a_22108483\/?utm_hp_ref=za-homepage\">Spur&#8217;s CEO\u00a0Pierre van Tonder has hit out at union Solidarity for supporting a boycott of its restaurants, saying that it affects the livelihoods of some of the union&#8217;s own members, who work at affected franchises. <\/a><\/strong>Van Tonder was responding to an<strong><a href=\"http:\/\/maroelamedia.co.za\/debat\/meningsvormers\/ek-het-my-aptyt-om-by-spur-te-eet-verloor\/\"> open letter written by Solidarity lead, Dirk Hermann<\/a><\/strong>, who said he lost his appetite for Spur over the handling of a racist incident at one of its branches. Hermann holds the position that Spur was acting against the white Afrikaans community. Spur restaurants have lost millions in the\u00a0boycott.<\/li>\n<\/ul>\n<ul>\n<li>South Africa&#8217;s rand rallied to a 4-week high against the dollar on Wednesday and government bonds gained after annual consumer inflation fell more than expected as food price rises eased. <strong><a href=\"http:\/\/www.xe.com\/currencyconverter\/convert\/?Amount=1&amp;From=USD&amp;To=ZAR\">On Thursday the rand remained stable under R13 to the dollar, trading at R12.90 to the dollar, R16.75 to the pound and R14.50 to the euro<\/a><\/strong>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>ANC insiders insist that talk of Zuma&#8217;s removal will happen at the NEC meeting this weekend; Denel says it hasn&#8217;t been captured by the Guptas &#8211; but MPs want proof; Eskom is investigating claims that documents are being destroyed; and Spur&#8217;s CEO hits back at Solidarity for supporting a boycott that impacts its own members.<\/p>\n","protected":false},"author":10,"featured_media":170347,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872,11121,23],"tags":[26],"class_list":["post-176497","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\/176497","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=176497"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/176497\/revisions"}],"predecessor-version":[{"id":176499,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/176497\/revisions\/176499"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/170347"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=176497"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=176497"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=176497"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}