{"id":250105,"date":"2018-06-07T07:56:29","date_gmt":"2018-06-07T05:56:29","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=250105"},"modified":"2018-06-07T07:56:29","modified_gmt":"2018-06-07T05:56:29","slug":"5-important-things-happening-in-south-africa-today-319","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/government\/250105\/5-important-things-happening-in-south-africa-today-319\/","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.702.co.za\/articles\/306679\/south-africa-has-lost-a-decade-the-economy-hasn-t-grown-much-we-re-getting-poorer\">South Africa is going nowhere, having lost an entire decade of potential growth, and is now trapped in a low-growth rut, according to economists.<\/a><\/strong> Worse yet, is that the country&#8217;s population growth currently exceeds economic growth &#8211; so we&#8217;re getting poorer on a GDP per capita basis. [702]<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/www.timeslive.co.za\/politics\/2018-06-07-zumas-chilling-warning-they-must-not-provoke-me\/\">Former president Jacob Zuma has given his detractors an ominous warning to not &#8220;provoke&#8221; him.<\/a><\/strong> He said that he has a lot to say about the ANC as an organisation, but has kept silent because of his role as president, and loyalty to the party. [Times Live]<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/af.reuters.com\/article\/southAfricaNews\/idAFL5N1T85R5\">Scandal-hit Steinhoff says it has secured support from two lenders to prop up two of its overseas companies.<\/a> <\/strong>The group said the support letters it received underlines how lenders are backing its restructuring strategy. [Reuters]<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/www.enca.com\/south-africa\/cash-heists-will-be-combated-using-an-unconventional-approach-cele\">Police Minister, Bheki Cele says the SAPS will take an &#8220;unconventional&#8221; approach to tackling cash-in-transit heists in the country<\/a><\/strong>. It involves using covert ops to take on the &#8216;illicit economy&#8217; where money stolen from the heists ends up. There have been 159 heists in the country this year so far. [eNCA]<\/li>\n<\/ul>\n<ul>\n<li>South Africa\u2019s rand was firmer on Wednesday, shaking off the shock of economic growth contraction as some short covering saw a return of buying interest. <strong><a href=\"https:\/\/xe.com\/currencyconverter\/convert\/?Amount=1&amp;From=USD&amp;To=ZAR\">On Thursday, the rand was trading at R12.70 to the dollar, R17.07 to the pound and R14.99 to the euro.<\/a><\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>SA is in a low-growth rut after losing a decade of potential prosperity; former president Jacob Zuma has warned his detractors in the ANC to shut up or else; Steinhoff says it has received support from lenders for two of its overseas businesses; and the police plant to use covert ops to take on cash-in-transit heists in SA.<\/p>\n","protected":false},"author":10,"featured_media":168963,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872,23],"tags":[26],"class_list":["post-250105","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-government","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/250105","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=250105"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/250105\/revisions"}],"predecessor-version":[{"id":250129,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/250105\/revisions\/250129"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/168963"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=250105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=250105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=250105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}