{"id":277849,"date":"2018-10-17T08:15:09","date_gmt":"2018-10-17T06:15:09","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=277849"},"modified":"2018-10-17T08:15:09","modified_gmt":"2018-10-17T06:15:09","slug":"5-important-things-happening-in-south-africa-today-411","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/government\/277849\/5-important-things-happening-in-south-africa-today-411\/","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\/commoditiesNews\/idAFL8N1WW64W\">The Nugent Commission has called for president Cyril Ramaphosa to fire SARS chief Tom Moyane.<\/a><\/strong> In an interim report, the commission blamed Moyane for reckless management and said he needed to be removed without delay, so that SARS could focus on correcting his missteps. [Reuters]<\/li>\n<\/ul>\n<ul>\n<li>Those implicated in the looting of almost R2 billion from VBS Mutual Bank are doing their best to shake the heat.\u00a0Vele Investments&#8217; former CEO Robert Madzonga said <strong><a href=\"http:\/\/www.702.co.za\/articles\/323262\/i-worked-for-that-money-robert-madzonga-vbs-shareholder-vele-investments\">all the money he received he worked for, and shifted blame<\/a><\/strong> to the group&#8217;s former chair &#8211; while <strong><a href=\"http:\/\/www.702.co.za\/articles\/323314\/the-eff-seems-to-be-trying-to-find-scapegoats\">the EFF has denied getting any money from the bank, and is standing behind its deputy<\/a><\/strong>. [702]<\/li>\n<\/ul>\n<ul>\n<li>Moody&#8217;s rating review for South Africa will be published after the medium-term budget policy briefing next week. <strong><a href=\"https:\/\/www.cnbcafrica.com\/news\/financial\/2018\/10\/16\/south-africas-ratings-review-to-be-released-by-moodys-after-medium-term-budget\/\">It was initially expected before the speech, but National Treasury has met with the group and received confirmation that it will wait for the budget review<\/a><\/strong>. [CNBC]<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/ewn.co.za\/2018\/10\/17\/sanef-launches-probe-into-sunday-times-scandal\">The Sunday Times will be subject to an investigation by the South African National Editors\u2019 Forum (Sanef) looking into the paper&#8217;s editorial integrity.<\/a><\/strong> The Sunday Times has faced a number of scandals, having published sensational stories on the so-called Cato Manor death squad, based on &#8216;tainted scoops&#8217; that proved to be false. [EWN]<\/li>\n<\/ul>\n<ul>\n<li>South Africa\u2019s rand firmed against a softer dollar on Tuesday, its strongest since the start of the month, in line with other emerging-market currencies which have slowly restored gains after recent sharp losses. <strong><a href=\"https:\/\/www.xe.com\/currencyconverter\/convert\/?Amount=1&amp;From=USD&amp;To=ZAR\">On Wednesday the rand was at R14.21 to the dollar, R18.73 to the pound and R16.43 to the euro.<\/a><\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Commission implores Ramaphosa to get rid of Moyane; alleged VBS looters get their knives out as they shift the blame to others; Moody&#8217;s delays its rating decision until after the MTBPS next week; and Sanef will prove the Sunday Times&#8217; editorial integrity.<\/p>\n","protected":false},"author":10,"featured_media":257215,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[9872,23],"tags":[26],"class_list":["post-277849","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\/277849","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=277849"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/277849\/revisions"}],"predecessor-version":[{"id":277851,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/277849\/revisions\/277851"}],"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=277849"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=277849"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=277849"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}