{"id":243031,"date":"2018-05-08T07:03:40","date_gmt":"2018-05-08T05:03:40","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=243031"},"modified":"2018-05-08T07:03:40","modified_gmt":"2018-05-08T05:03:40","slug":"5-important-things-happening-in-south-africa-today-297","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/243031\/5-important-things-happening-in-south-africa-today-297\/","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.huffingtonpost.co.za\/2018\/05\/08\/municipalities-in-crisis-112-councils-cannot-pay-their-bills_a_23429358\/?utm_hp_ref=za-homepage\">South Africa&#8217;s municipalities are in trouble, with 112 (or 40%) being unable to carry out effective service delivery in this financial year<\/a><\/strong>, according to finance minister Nhlanhla Nene. This includes being unable to pay creditors within the 30 day period, with no financial recovery plans. [Huffpo SA]<\/li>\n<\/ul>\n<ul>\n<li>If he must leave for a quick solution to the SARS leadership issue, <strong><a href=\"https:\/\/www.dailymaverick.co.za\/article\/2018-05-07-analysis-charges-against-tom-moyane-serious-detailed-devastating\/#.WvEq6neg9TY\">suspended chief Tom Moyane wants president Cyril Ramaphosa to pay him his salary to 2019 &#8211; including bonuses &#8211; and declare that he was an ethical and effective leader at the revenue service<\/a><\/strong>. The president declined. [Daily Maverick]<\/li>\n<\/ul>\n<ul>\n<li>Eskom is on the hunt for a new COO, <strong><a  data-lightbox=\"post-image\" href=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2018\/05\/Eskom-COO.jpg\">with notices going out<\/a><\/strong> to advertise the position. The power utility is looking for someone with 20 years of experience and has managed a staff compliment of over 15,000 people. The closing date for applications is the end of May 2018.<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/af.reuters.com\/article\/southAfricaNews\/idAFL8N1SE4A4\">SA pharmaceutical group Aspen Pharmacare will produce up to 3.6 billion pills a year in its new R1 billion manufacturing plant<\/a><\/strong>. The drug maker says the plant will initially focus on pumping out late-stage cancer medication &#8211; with most of its products expected to be exported. [Reuters]<\/li>\n<\/ul>\n<ul>\n<li>South Africa\u2019s rand weakened on Monday, tracking the euro and other emerging market currencies as the dollar\u2019s recent rally was reignited by renewed bets of higher lending rates. <strong><a href=\"https:\/\/www.xe.com\/currencyconverter\/convert\/?Amount=1&amp;From=USD&amp;To=ZAR\">On Tuesday the rand was trading at R12.56 to the dollar, R17.01 to the pound and R14.96 to the euro.<\/a><\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>40% of SA municipalities won&#8217;t be able to carry out effective service delivery this year; suspended SARS head Tom Moyane tells Ramaphosa what it will take to get him to leave; Eskom is on the hunt for a new COO; and Aspen Pharmacare has launched a new R1 billion drug plant.<\/p>\n","protected":false},"author":10,"featured_media":58895,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872,11121],"tags":[],"class_list":["post-243031","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\/243031","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=243031"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/243031\/revisions"}],"predecessor-version":[{"id":243035,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/243031\/revisions\/243035"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/58895"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=243031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=243031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=243031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}