{"id":209815,"date":"2017-11-09T08:05:50","date_gmt":"2017-11-09T06:05:50","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=209815"},"modified":"2017-11-09T08:05:50","modified_gmt":"2017-11-09T06:05:50","slug":"5-important-things-happening-in-south-africa-today-182","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/government\/209815\/5-important-things-happening-in-south-africa-today-182\/","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\/economy\/2017-11-09-unscheduled-moodys-visit-points-to-certainty-of-downgrade\/\">Ratings firm Moody&#8217;s made an unschedule appearance in South Africa, and has released a statement highlighting its concerns with South Africa<\/a><\/strong> &#8211; all but guaranteeing a ratings cut for the country. Economists have called the downgrade inevitable, and expect the country to be full junk by 24 November.<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/www.businesslive.co.za\/bd\/national\/2017-11-09-axed-eskom-legal-head-reveals-gupta-links\/\">Suspended legal head at Eskom, Suzanne Daniels, is spilling the nasty details of the power utilities links to the Gupta family<\/a><\/strong>. She told parliament&#8217;s inquiry into Eskom that Gupta associate Salim Essa had a strong influence at the company, those who opposed the Gupta hold were forced out, and minister Lynne Brown ignored all the warnings.<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/www.moneyweb.co.za\/mymoney\/moneyweb-tax\/concern-about-wider-ramifications-of-proposed-expat-tax-change\/\">Changes to the way South Africans working overseas are taxed could have wider ramifications, beyond &#8216;double-taxing&#8217; those who earn more than R1 million while abroad<\/a><\/strong>. According to analysts, the new regulations will also influence corporates, who would choose to enter other African countries directly, rather than through a headquarter in South Africa.<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/www.enca.com\/south-africa\/ssa-wants-total-blackout-for-pauw-in-second-cease-desist\">The State Security Agency has sent a second letter to journalist and author Jacques Pauw over his explosive book <\/a><\/strong>that spills details on president Jacob Zuma&#8217;s alleged messy tax affairs and widespread networks of gangster buddies. The SSA is demanding that Pauw stop distributing the book, threatening legal action.<\/li>\n<\/ul>\n<ul>\n<li>South Africa\u2019s rand firmed on Wednesday, recovering some losses suffered in the previous session, while stocks were weaker as Steinhoff International weighed on the bourse.<strong><a href=\"http:\/\/www.xe.com\/currencyconverter\/convert\/?Amount=1&amp;From=USD&amp;To=ZAR\"> On Thursday, the rand was trading at R14.16\u00a0 to the dollar, R18.59 to the pound and R16.43 to the euro.<\/a><\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Moody&#8217;s made a surprise visit to SA &#8211; with a downgrade to junk looming; suspended Eskom legal head spills the beans on the Guptas&#8217; links to the power utility; SA&#8217;s &#8216;double tax&#8217; on expat earners will have wider ramifications, analysts say; and the State Security Agency tries another letter to stop a damning book about Zuma being distributed.<\/p>\n","protected":false},"author":10,"featured_media":70463,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11121,23],"tags":[],"class_list":["post-209815","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","category-government"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/209815","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=209815"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/209815\/revisions"}],"predecessor-version":[{"id":209825,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/209815\/revisions\/209825"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/70463"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=209815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=209815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=209815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}