{"id":263487,"date":"2018-08-07T08:00:53","date_gmt":"2018-08-07T06:00:53","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=263487"},"modified":"2018-08-07T08:00:53","modified_gmt":"2018-08-07T06:00:53","slug":"5-important-things-happening-in-south-africa-today-362","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/government\/263487\/5-important-things-happening-in-south-africa-today-362\/","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>The latest revelation in the VBS Mutual Bank saga is that the group had pinned all its hopes on Nkosazana Dlamini-Zuma winning the ANC presidential election, <strong><a href=\"https:\/\/city-press.news24.com\/News\/vbs-r1bn-gamble-we-were-counting-on-dlamini-zuma-to-win-20180806\">which would have led to R1 billion being deposited in the bank&#8217;s accounts from Prasa<\/a><\/strong>. [City Press]<\/li>\n<\/ul>\n<ul>\n<li>A damning expos\u00e9 on deputy president David Mabuza by the New York Times has been met with silence from the ruling party back home. <strong><a href=\"https:\/\/www.dailymaverick.co.za\/article\/2018-08-07-anc-goes-to-ground-after-new-york-times-expose-on-deputy-president-mabuza\/\">The NYT report made bold claims against Mabuza, including alleging that he siphoned off million from Mpumalanga schools to buy power and influence.<\/a><\/strong> [Daily Maverick]<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"http:\/\/www.702.co.za\/articles\/314398\/listen-kzn-da-leader-clarifies-reports-over-bee-policy\">The DA has moved to clarify the confusion over its stance on BEE, which has apparently divided the party.<\/a><\/strong> According to the party, it rejects the ANC&#8217;s &#8216;BBBEE&#8217; policy which has created a wealthy black elite, and wants to instead adopt a different policy that will truly empower the majority of South Africans, but in non-racial terms. [702]<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/www.sport24.co.za\/Soccer\/PSL\/sorry-sabc-make-u-turn-confirm-psl-games-will-be-on-radio-20180806\">The SABC has u-turned on its statement that it no longer has enough money to keep broadcasting soccer games<\/a><\/strong>, after convening a special meeting with the ministers of communications and sports. The broadcaster initially said it lacked the liquidity to acquire the broadcasting rights. It currently owes content providers R100 million. [News24]<\/li>\n<\/ul>\n<ul>\n<li>South Africa\u2019s rand weakened on Monday as emerging markets were knocked by a retreat in risk demand, with investors opting for safe bets as trade tensions rose between Washington and Beijing. <strong><a href=\"https:\/\/xe.com\/currencyconverter\/convert\/?Amount=1&amp;From=USD&amp;To=ZAR\">On Tuesday the rand was at R13.42 to the dollar, R17.37 to the pound and R15.51 to the euro<\/a><\/strong>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>VBS was hoping Nkosazana Dlamini-Zuma would win the presidency so it could get a R1 billion deposit; ANC is mum on the New York Times&#8217; damning report on David Mabuza; the DA has tried to clear up confusion about its stance on BEE; and the SABC says sorry &#8211; and that soccer is back on the menu.<\/p>\n","protected":false},"author":10,"featured_media":237879,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872,23],"tags":[26],"class_list":["post-263487","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\/263487","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=263487"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/263487\/revisions"}],"predecessor-version":[{"id":263501,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/263487\/revisions\/263501"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/237879"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=263487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=263487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=263487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}