{"id":280139,"date":"2018-10-26T08:01:22","date_gmt":"2018-10-26T06:01:22","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=280139"},"modified":"2018-10-26T08:01:22","modified_gmt":"2018-10-26T06:01:22","slug":"5-important-things-happening-in-south-africa-today-418","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/government\/280139\/5-important-things-happening-in-south-africa-today-418\/","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\/idAFL8N1X55WL\">President Cyril Ramaphosa is in a fresh push to get $100 billion in foreign investment, following a bleak budget update<\/a><\/strong>, as he tries to pull the South African economy out of recession. Ramaphosa will launch an investment summit today, presenting investment opportunities in sectors including agriculture, manufacturing and energy. [Reuters]<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/ewn.co.za\/2018\/10\/26\/gauteng-anc-rules-out-additional-fuel-levy-to-pay-e-toll-debt\">The ANC in Gauteng has ruled out an additional fuel levy as a way to pay for e-tolls, though it maintains that the system must be scrapped<\/a><\/strong>. The party said that it is working on other creative proposals on how to pay for Gauteng&#8217;s roads, but in no way supports e-tolling. [EWN]<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/mg.co.za\/article\/2018-10-26-00-jujus-cousin-also-linked-to-vbs\">More family members of EFF leadership are reportedly being linked the the billions stolen from VBS Mutual Bank<\/a><\/strong>, with the Mail &amp; Guardian reporting that EFF leader Julius Malema&#8217;s cousin received &#8216;suspicious payments&#8217; amounting to R5 million from deputy Floyd Shivambu&#8217;s brother Brian. [Mail &amp; Guardian]<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/www.enca.com\/news\/makhura-tells-da-concentrate-tshwane\">Gauteng premier David Makhura says the DA needs to focus on the City of Tshwane, which is the worst-run metro in the province<\/a><\/strong>, instead of &#8220;wasting time&#8221; with motions of no confidence in Ekurhuleni. The DA failed to pass a motion of no confidence in mayor\u00a0Mzwandile Masina. [eNCA]<\/li>\n<\/ul>\n<ul>\n<li>The South African rand weakened further on Thursday, as investors were rattled by bleak medium-term budget forecasts a day earlier and a stronger dollar, which dampened appetite for emerging markets globally. <strong><a href=\"https:\/\/www.xe.com\/currencyconverter\/convert\/?Amount=1&amp;From=USD&amp;To=ZAR\">On Friday the rand was at R14.65 to the dollar, R18.79 to the pound and R16.66 to the euro<\/a><\/strong>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Ramaphosa is pushing for investment as South Africa&#8217;s economy continues to drag; the ANC in Gauteng rules out another fuel levy to pay for e-tolls; family of EFF leaders implicated in VBS looting; and Gauteng premier David Makhura delivers a zinger to the DA.<\/p>\n","protected":false},"author":10,"featured_media":217097,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872,23],"tags":[26],"class_list":["post-280139","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\/280139","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=280139"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/280139\/revisions"}],"predecessor-version":[{"id":280163,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/280139\/revisions\/280163"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/217097"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=280139"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=280139"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=280139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}