{"id":262023,"date":"2018-07-31T07:32:08","date_gmt":"2018-07-31T05:32:08","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=262023"},"modified":"2018-07-31T07:32:08","modified_gmt":"2018-07-31T05:32:08","slug":"5-important-things-happening-in-south-africa-today-357","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/262023\/5-important-things-happening-in-south-africa-today-357\/","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:\/\/af.reuters.com\/article\/southAfricaNews\/idAFL5N1UQ18O\">Eskom has warned that power disruptions are likely this week, as wage protests have continued to disrupt its operations.<\/a><\/strong> Unions are demanding that bonuses be paid before they accept an offered wage increase of 7%. Workers have been sabotaging and disrupting power supply for 2 months. [Reuters]<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/www.enca.com\/south-africa\/da-outa-to-protest-rising-fuel-costs\">Outa, the DA and taxi associations are planning mass protest today against rising fuel prices and what they call a &#8220;tax attack&#8221;<\/a><\/strong>. The groups plan to gather and march at 10h00 to hand over a memorandum to National Treasury. They want the Road Accident Fund levy cut by 20% or R1.00. [eNCA]<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/www.timeslive.co.za\/news\/2018-07-31-joburg-frees-up-land-for-pro-poor-developments\/\">The City of Johannesburg will be freeing up over 71 inner city properties for development.<\/a><\/strong> The city has put out a\u00a0request for proposal to developers, looking at long-term leases. The developments will be for various projects, but with focus on mixed-rental residential. [TimesLive]<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/www.moneyweb.co.za\/news\/companies-and-deals\/banks-tear-into-competition-commissions-currency-rigging-case\/\">Investec has hit back at the Competition Commission&#8217;s collusion case against it and other South African banks<\/a><\/strong>, saying that the watchdog has made only broad allegations and provided no evidence of collusion. The commission is seeking to find Investec, Absa, Standard Bank and many others 10% of their annual turnover. [Moneyweb]<\/li>\n<\/ul>\n<ul>\n<li>South Africa\u2019s rand continued to eke out gains on Monday despite a slide by some emerging market units as the local currency attracted buyers looking for high yields.<strong><a href=\"https:\/\/xe.com\/currencyconverter\/convert\/?Amount=1&amp;From=USD&amp;To=ZAR\"> On Tuesday the rand was trading at R13.15 to the dollar, R17.27 to the pound and R15.41 to the euro.<\/a><\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Eskom warns of load shedding this week; Outa, the DA and taxi associations march against rising petrol prices; Joburg&#8217;s inner-city to get a development boost; and Investec bites back at Competition Commission allegations of collusion.<\/p>\n","protected":false},"author":10,"featured_media":65856,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872],"tags":[26],"class_list":["post-262023","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/262023","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=262023"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/262023\/revisions"}],"predecessor-version":[{"id":262041,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/262023\/revisions\/262041"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/65856"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=262023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=262023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=262023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}