{"id":250641,"date":"2018-06-11T07:54:58","date_gmt":"2018-06-11T05:54:58","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=250641"},"modified":"2018-06-11T07:54:58","modified_gmt":"2018-06-11T05:54:58","slug":"5-important-things-happening-in-south-africa-today-321","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/government\/250641\/5-important-things-happening-in-south-africa-today-321\/","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\/companies\/energy\/2018-06-11-eskom-drags-regulator-to-court-over-its-tariffs-as-strike-threatens\/\">Eskom is reportedly taking the energy regulator to court over a tariff decision that would limit how much the power utility can raise prices.<\/a><\/strong> The group is fighting for financial survival, with mounting debt, and a desperate need to cut costs. However, a decision to freeze wage hikes has upset unions, who want to retaliate through striking. [Business Live]<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/www.enca.com\/south-africa\/heightened-interest-in-investing-in-sa-ramaphosa-on-g7-summit\">President Cyril Ramaphosa says that one of the messages out of the G7 meetings held in Canada is that there is a keen interest in investing in South Africa<\/a><\/strong>. Ramaphosa said that the interest shown was in recognition of South Africa&#8217;s &#8220;new dawn&#8221;. [eNCA]<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-06-10\/union-seeks-12-500-rand-minimum-for-south-africa-gold-miners\">Mineworker unions are getting ready for wage hike season, with some currently demanding a R12,500 monthly salary for workers.<\/a><\/strong> The biggest union, NUM, is reportedly seeking R10,500 for entry-level underground workers. The basic monthly minimum pay is currently around R7,600. [Bloomberg]<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/mg.co.za\/article\/2018-06-09-maimane-not-concerned-about-drop-in-das-poll-numbers\">DA leader Mmusi Maimane says the party isn&#8217;t bothered by new poll results showing a drop in support for the party.<\/a><\/strong> Research by Ipsos shows the party is polling at just 20% support. Maimane said the poll was a year ahead of an election, and was likely already out of date or based on old information. He said he was feeling confidence about the coming elections. [M&amp;G]<\/li>\n<\/ul>\n<ul>\n<li>The rand dropped to its weakest levels since December 2017, on Friday, as the country\u2019s economy and slowed and global investors shied away from riskier assets. <strong><a href=\"https:\/\/xe.com\/currencyconverter\/convert\/?Amount=1&amp;From=USD&amp;To=ZAR\">On Monday, the rand was trading at R13.07 to the dollar, R17.52 to the pound and R15.42 to the euro.<\/a><\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Eskom is reportedly taking the energy regulator to court over tariffs; Ramaphosa says there is growing interest in investing in SA; mineworkers are said to be gearing up for new wage demands; and DA leader Maimane doesn&#8217;t seem to be bothered by new data showing a loss of support.<\/p>\n","protected":false},"author":10,"featured_media":72374,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872,23],"tags":[26],"class_list":["post-250641","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\/250641","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=250641"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/250641\/revisions"}],"predecessor-version":[{"id":250659,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/250641\/revisions\/250659"}],"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=250641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=250641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=250641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}