{"id":274687,"date":"2018-10-02T08:15:35","date_gmt":"2018-10-02T06:15:35","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=274687"},"modified":"2018-10-02T08:15:35","modified_gmt":"2018-10-02T06:15:35","slug":"5-important-things-happening-in-south-africa-today-400","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/274687\/5-important-things-happening-in-south-africa-today-400\/","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\/2018-10-01-tom-moyane-i-was-the-best-sars-commissioner-in-democratic-history\/\">Suspended SARS commissioner Tom Moyane says he is the best commissioner in democratic South Africa, and has accused president Cyril Ramaphosa and minister Pravin Gordhan of waging a personal war against him.<\/a><\/strong> Moyane has applied for direct access to the Constitutional Court in a bid to halt disciplinary proceedings against him, on the charges of mismanagement and maladministration. [TimesLive]<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"http:\/\/www.702.co.za\/articles\/321344\/monster-fuel-price-hikes-will-make-food-more-expensive-squeeze-farming-profits\">On top of the massive petrol price hitting at midnight tonight, analysts have warned that the knock-on effect will hit consumers even harder.<\/a> <\/strong>On the back of a R1 hike in the petrol price, retailers are expected to hike shelf prices of goods as price increases ripple through the value chain. [702]<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/www.timeslive.co.za\/news\/south-africa\/2018-10-02-revealed-how-nene-also-had-hush-hush-gupta-meetings\/\">Finance minister Nhlanhla Nene is expected give more details on how he met with the Guptas in &#8216;secret&#8217; meetings during his time as deputy finance minister<\/a><\/strong>, as well as his first term as finance minister. Nene will be testifying at the state capture commission. [Business Day]<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/www.iol.co.za\/business-report\/companies\/can-sanral-continue-as-a-going-concern-17292712\">The Auditor General has raised concerns around Sanral and its ability to remain a going concern.<\/a> <\/strong>The group published its financial report for the 2017.18 financial year, showing a narrowed loss of R260 million. However, it has hit a stumbling block with e-tolls and future work on the Gauteng freeway plan, with no word from government on a path forward. [IOL]<\/li>\n<\/ul>\n<ul>\n<li>South Africa\u2019s rand weakened on Monday as a recent rally gave way to a resurgent dollar boosted by climbing US treasury yields and a dip in risk demand, as trade war concerns resurfaced. <strong><a href=\"https:\/\/www.xe.com\/currencyconverter\/convert\/?Amount=1&amp;From=USD&amp;To=ZAR\">On Tuesday the rand was at R14.28 to the dollar, R18.60 to the pound and R16.50 to the euro.<\/a><\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Suspended SARS chief Tom Moyane says he&#8217;s the best commissioner the new South Africa has ever had; the massive petrol hike is going to lead to higher prices on the shelves; finmin Nhlanhla Nene is expected to spill the beans on &#8216;secret&#8217; meetings with the Guptas; and the AG is worried about Sanral&#8217;s ability to stay afloat.<\/p>\n","protected":false},"author":10,"featured_media":257215,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872,11121],"tags":[26],"class_list":["post-274687","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-finance","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/274687","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=274687"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/274687\/revisions"}],"predecessor-version":[{"id":274709,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/274687\/revisions\/274709"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/257215"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=274687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=274687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=274687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}