{"id":213877,"date":"2017-11-30T08:01:51","date_gmt":"2017-11-30T06:01:51","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=213877"},"modified":"2017-11-30T08:01:51","modified_gmt":"2017-11-30T06:01:51","slug":"5-important-things-happening-in-south-africa-today-197","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/213877\/5-important-things-happening-in-south-africa-today-197\/","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:\/\/ewn.co.za\/2017\/11\/30\/tegeta-threatens-eskom-coal-supply-as-load-shedding-risk-looms\">Minutes from a recent Eskom meeting show that the Gupta-owned Tegeta mining group is threatening to cut coal supply to the power utility<\/a><\/strong>, just as it was discovered that thousands of tons of coal have gone missing. Tegeta is demanding that Eskom pay more for its coal, meanwhile, Eskom is threatening legal action.<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/www.businesslive.co.za\/bd\/national\/2017-11-30-how-government-guarantees-to-soes-to-come-with-a-stick\/\">National treasury is working on introducing strict new conditions for its guarantees to state-owned companies.<\/a> <\/strong>Ratings agencies highlighted guarantees being dished out by government as one of the biggest risks on SA&#8217;s books. One of the restrictions will be a limit on how big the guarantee can be, and another is to force re-application rather than simply rolling over.<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/www.businesslive.co.za\/bd\/companies\/transport-and-tourism\/2017-11-30-e-toll-write-off-not-on-the-cards-says-minister\/\">Transport Minister Joe Maswanganyi says there is no way that over R9.2 billion worth of e-toll debt owed by motorists will be written off.<\/a> <\/strong>He said that any decision to do so would have to be done at cabinet level, and there was no intention to do so. The e-toll default bill is increasing by R230 million every month.<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/www.moneyweb.co.za\/moneyweb-radio\/naspers-interim-profits-aided-by-tencent\/\">Naspers CEO Bob van Dijk says that the accusation leveled against Multichoice, around apparent kickbacks paid to the SABC to influence TV laws, is Multichoice&#8217;s problem, not Naspers&#8217;<\/a><\/strong>. He said Multichoice is one of 100 companies under the Naspers umbrella, and needs to deal with its own problems.<\/li>\n<\/ul>\n<ul>\n<li>South Africa\u2019s rand steadied against the dollar on Tuesday, holding near a five-week high touched in the previous session after the country avoided a double downgrade of its local currency debt. <strong><a href=\"http:\/\/www.xe.com\/currencyconverter\/convert\/?Amount=1&amp;From=USD&amp;To=ZAR\">On Thursday, the rand was trading at R13.66 to the dollar, R18.40 to the pound and R16.21 to the euro.<\/a><\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The Guptas&#8217; mining operation is threatening to cut coal supply to Eskom; National treasury says future guarantees to SOEs will come with strict conditions; transport minister says that there is no intent to write off over R9 billion worth of unpaid e-tolls; and Naspers says the SABC kickback scandal is Multichoice&#8217;s problem to sort out.<\/p>\n","protected":false},"author":10,"featured_media":72374,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872,11121],"tags":[],"class_list":["post-213877","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-finance"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/213877","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=213877"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/213877\/revisions"}],"predecessor-version":[{"id":213895,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/213877\/revisions\/213895"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/72374"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=213877"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=213877"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=213877"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}