{"id":200308,"date":"2017-09-22T07:20:42","date_gmt":"2017-09-22T05:20:42","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=200308"},"modified":"2017-09-22T07:20:42","modified_gmt":"2017-09-22T05:20:42","slug":"5-important-things-happening-in-south-africa-today-149","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/government\/200308\/5-important-things-happening-in-south-africa-today-149\/","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.businesslive.co.za\/bd\/companies\/energy\/2017-09-22-exclusive-bloodbath-looms-at-eskom-as-new-evidence-points-to-criminal-action\/\">At least three senior managers and two senior executives at Eskom are facing possible criminal action over their role in the R1.6 billion McKinsey and Trillian deal<\/a><\/strong>, Business Day reports. New evidence has reportedly been uncovered showing possible criminal activity by the senior management team.<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"http:\/\/af.reuters.com\/article\/commoditiesNews\/idAFL5N1M24D8\">KPMG\u2019s global chairman John Veihmeyer has met with former finance minister Pravin Gordhan and his former deputy Mcebisi Jonas<\/a><\/strong> in which they shared their frank concerns around the auditor&#8217;s role in state capture in SA. The Reserve Bank also voiced concern and disappointment in the ongoing saga.<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/www.timeslive.co.za\/politics\/2017-09-22-dlamini-zuma-denies-plans-for-cabinet-position\/\">Presidential hopeful Nkosazana Dlamini-Zuma, who was made an ANC MP on Thursday, has laughed off speculation that she wants a Cabinet position<\/a><\/strong>. Many anticipate an imminent Cabinet reshuffle by president Zuma to give his preferred successor a better position from which to launch her campaign.<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/www.enca.com\/money\/pick-n-pay-allows-customers-to-buy-on-credit\">Pick n Pay has announced that customers can now buy their groceries on credit, with the launch of a new store account product.<\/a><\/strong> The group said that it has designed a product with no hidden fees and wants to offer the lowest possible monthly cost.<\/li>\n<\/ul>\n<ul>\n<li>The Rand reversed mild losses against the dollar on Thursday after the central bank kept its benchmark repo rate at 6.75%, defying expectations of a 25-basis point cut. <strong><a href=\"http:\/\/www.xe.com\/currencyconverter\/convert\/?Amount=1&amp;From=USD&amp;To=ZAR\">On Friday the rand was trading at R13.27 to the dollar, R18.02 to the pound and R15.86 to the euro.<\/a><\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Heads are expected to roll at Eskom, as 5 senior execs face possible criminal action; KPMG has met with Gordhan and Jonas over the Gupta saga; Dlamini-Zuma says she has no ambitions for a Cabinet position; and Pick n Pay will now let you buy groceries on credit.<\/p>\n","protected":false},"author":10,"featured_media":139895,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872,11121,23],"tags":[],"class_list":["post-200308","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-finance","category-government"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/200308","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=200308"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/200308\/revisions"}],"predecessor-version":[{"id":200314,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/200308\/revisions\/200314"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/139895"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=200308"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=200308"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=200308"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}