{"id":253007,"date":"2018-06-21T07:20:44","date_gmt":"2018-06-21T05:20:44","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=253007"},"modified":"2018-06-21T07:20:44","modified_gmt":"2018-06-21T05:20:44","slug":"5-important-things-happening-in-south-africa-today-329","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/government\/253007\/5-important-things-happening-in-south-africa-today-329\/","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.timeslive.co.za\/news\/south-africa\/2018-06-20-unions-reject-eskoms-47-wage-hike-offer\/\">Unions have rejected Eskom&#8217;s inflation-based wage offer for the next four years, and have given a counter-offer.<\/a><\/strong> The details of the counter-offer were not divulged. Unions went on an illegal strike last week which led to load shedding being reintroduced around the country. They were demanding a 15% wage increase. [TimesLive]<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"http:\/\/ewn.co.za\/2018\/06\/21\/under-nhi-the-rich-will-subsidise-the-poor-the-young-will-subsidise-the-old\">Health Minister Aaron Motsoaledi is expected to detail the proposals for the National Healthcare Insurance,<\/a><\/strong> which will see the rich subsidise healthcare for the poor, and the young subsidising the old. The minister said he expects &#8216;hurricanes&#8217; of protest against the plans. [EWN]<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-06-21\/tiger-brands-may-not-find-how-deadly-bacteria-entered-its-plant\">Tiger Brands is stumped on how the deadly listeria bacteria managed to enter its plants.<\/a> <\/strong>The group said it is nearing the end of its lean up and investigations, and said that it may never find the source of the outbreak. &#8220;We\u2019ve checked all the things we could. It\u2019s probably not going to be determined,&#8221; it said. [Bloomberg]<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/af.reuters.com\/article\/africaTech\/idAFL8N1TM5I6\">The European Central Bank has set aside 68.9 million euros (R1.1 billion)\u00a0to cover the loss on a corporate bond bought as part of its stimulus programme<\/a> <\/strong>&#8211; which Reuters says is likely tied to debt issued by Steinhoff, which the ECB decided to sell at a loss in January. [Reuters]<\/li>\n<\/ul>\n<ul>\n<li>South Africa\u2019s rand rallied on Wednesday after inflation fell more than expected and there was a recovery among emerging-market currencies spurred some profit-taking. <strong><a href=\"https:\/\/xe.com\/currencyconverter\/convert\/?Amount=1&amp;From=USD&amp;To=ZAR\">On Thursday, the rand was trading at R13.68 to the dollar, R17.99 to the pound and R15.81 to the euro.<\/a><\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Unions have rejected Eskom&#8217;s wage offer; more information on the National Health Insurance plan is expected today; Tiger Brands is stumped on how the listeria bacteria got into its factories; and European banks count the losses tied to Steinhoff.<\/p>\n","protected":false},"author":10,"featured_media":75316,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872,23],"tags":[26],"class_list":["post-253007","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\/253007","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=253007"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/253007\/revisions"}],"predecessor-version":[{"id":253017,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/253007\/revisions\/253017"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/75316"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=253007"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=253007"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=253007"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}