{"id":201996,"date":"2017-10-02T07:48:48","date_gmt":"2017-10-02T05:48:48","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=201996"},"modified":"2017-10-02T13:44:59","modified_gmt":"2017-10-02T11:44:59","slug":"5-important-things-happening-in-south-africa-today-154","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/trending\/201996\/5-important-things-happening-in-south-africa-today-154\/","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=\"http:\/\/www.huffingtonpost.co.za\/2017\/10\/01\/sars-rogue-unit-boss-ready-to-launch-into-kpmg_a_23228847\/?utm_hp_ref=za-homepage\">Johann van Loggerenberg, who was in charge of SARS&#8217; High-Risk Investigation Unit, has hired lawyers to take on auditing firm KPMG over its report on the so-called &#8216;rogue SARS unit&#8217;<\/a><\/strong>, which led to van Loggerenberg and others being forced out of the revenue service and to be hounded by the Hawks. Sources say the former exec has a heavyweights legal team behind him.<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"http:\/\/ewn.co.za\/2017\/10\/02\/mkhwebane-s-office-unfazed-by-withdrawal-of-its-attorneys-from-absa-report-case\">Attorneys working on Public Protector Busisiwe Mkhwebane&#8217;s case against Absa over a R1.25 billion payment made during the apartheid era have withdrawn from the legal battle<\/a><\/strong>. Mkhwebane&#8217;s office confirmed their withdrawal, but said no reasons were given, and that the case will not be impacted.<\/li>\n<\/ul>\n<ul>\n<li>A new analysis of the costs involved with the Kusile power station claims that the total costs involved with the R80 billion project over its 50-year lifespan &#8211; including the impact on the environment &#8211; <strong><a href=\"https:\/\/www.timeslive.co.za\/news\/south-africa\/2017-10-02-kusile-costs-could-run-40x-higher\/\">could amount to between R1.45 trillion and R3.3 trillion<\/a><\/strong>. Water costs are the highest item billed in the analysis.<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/www.businesslive.co.za\/bd\/politics\/2017-10-02-cyril-ramaphosa-gets-boost-at-chaotic-eastern-cape-anc-conference\/\">Cyril Ramaphosa&#8217;s bid for the presidency got a boost this weekend, after his supporters were elected to lead the ANC branches in the Eastern Cape<\/a><\/strong>. The elective conference in the province was beset with violence and intimidation, with reports saying that more than 10 members were injured as fights broke out between warring factions.<\/li>\n<\/ul>\n<ul>\n<li>Bonds led a recovery in South African markets on Friday, with the rand also edging firmer, helped by combination of the trade balance remaining in surplus and a pause in dollar&#8217;s recent rally. Stocks followed world markets higher. <strong><a href=\"http:\/\/www.xe.com\/currencyconverter\/convert\/?Amount=1&amp;From=USD&amp;To=ZAR\">On Monday the rand was at R13.60 to the dollar, R18.17 to the pound and R16.00 to the euro.<\/a><\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>One of the top officials booted over the KPMG SARS report is getting ready to take legal action against the firm; Mkhwebane&#8217;s attorneys have withdrawn from the Absa battle; Kusile power station could cost SA trillions over its lifetime; and Ramaphosa&#8217;s bid for the presidency gets a major boost.<\/p>\n","protected":false},"author":10,"featured_media":140899,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-201996","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/201996","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=201996"}],"version-history":[{"count":2,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/201996\/revisions"}],"predecessor-version":[{"id":202268,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/201996\/revisions\/202268"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/140899"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=201996"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=201996"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=201996"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}