{"id":210481,"date":"2017-11-13T08:25:34","date_gmt":"2017-11-13T06:25:34","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=210481"},"modified":"2017-11-13T08:25:34","modified_gmt":"2017-11-13T06:25:34","slug":"5-important-things-happening-in-south-africa-today-184","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/government\/210481\/5-important-things-happening-in-south-africa-today-184\/","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\/national\/2017-11-13-treasury-on-back-foot-as-zuma-takes-control\/\">Nation Treasury has been put on the back foot as president Jacob Zuma appears to have wrested control from those who should be in charge of the country&#8217;s finances<\/a><\/strong>. Despite claims from NT that the move to draw other departments closer is constructive, Zuma&#8217;s speculated R40 billion free education budget crawl is being given keen attention.<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"http:\/\/www.huffingtonpost.co.za\/2017\/11\/13\/sexwale-anc-conference-at-risk-of-collapsing_a_23275026\/?utm_hp_ref=za-homepage\">Former ANC minister Toxyo Sexwale says that the party&#8217;s elective conference next month is in danger of collapsing<\/a><\/strong> as the party remains heavily divided, and there is an increasing likelihood that the numbers for the vote will be manipulated.<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/www.biznews.com\/global-citizen\/2017\/11\/11\/zupta-hsbc-gupta-bank-account-dubai\/\">UK bank, HSBC has closed accounts linked to the controversial Gupta family in Dubai, admitting for the first time that it has ties to the growing scandal involving the family<\/a><\/strong>. The bank has previously opted to remain silent on the matter.<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/www.iol.co.za\/business-report\/companies\/telkom-calls-on-government-after-lukewarm-results-11978097\">Following less than stellar interim results, state-owned telco group Telkom has appealed to the government to be &#8216;disciplined&#8217; in the way it disposes of its share of the company<\/a><\/strong>. Telkom group CEO Sipho Maseko said that he hoped the government would keep the company&#8217;s strategic direction in mind when selling some, or all of its stake.<\/li>\n<\/ul>\n<ul>\n<li>South Africa\u2019s rand slipped to a one-year low on Friday as fears of a ratings downgrade resurfaced on reports President Jacob Zuma is preparing to introduce free tertiary education. <strong><a href=\"http:\/\/www.xe.com\/currencyconverter\/convert\/?Amount=1&amp;From=USD&amp;To=ZAR\">On Monday the rand was at R14.41 to the dollar, R18.93 to the pound and R16.80 to euro<\/a><\/strong>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>National Treasury may have a battle on its hands for control as Zuma moves in; ANC stalwart Tokyo Sexwale says the party&#8217;s conference is in danger of collapsing; UK bank HSBC closes Gupta accounts in Dubai; and Telkom asks government to please be careful when disposing of some or all of its stake.<\/p>\n","protected":false},"author":10,"featured_media":169317,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872,23],"tags":[],"class_list":["post-210481","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-government"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/210481","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=210481"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/210481\/revisions"}],"predecessor-version":[{"id":210501,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/210481\/revisions\/210501"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/169317"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=210481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=210481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=210481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}