{"id":280385,"date":"2018-10-29T08:11:42","date_gmt":"2018-10-29T06:11:42","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=280385"},"modified":"2018-10-29T08:11:42","modified_gmt":"2018-10-29T06:11:42","slug":"5-important-things-happening-in-south-africa-today-419","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/government\/280385\/5-important-things-happening-in-south-africa-today-419\/","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.iol.co.za\/business-report\/economy\/sas-unemployment-data-is-expected-to-remain-high-17681978\">Stats SA will publish third quarter jobs data this week, with analysts anticipating the levels of unemployment remaining high<\/a><\/strong>. South Africa&#8217;s unemployment levels are at decades-highs, and with the country in recession and the populace getting poorer in real terms, no improvement is expected. [IOL]<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/af.reuters.com\/article\/africaTech\/idAFL8N1X8062\">Public enterprises minister Pravin Gordhan says that efforts to stop corruption in government are being met with dangerous resistance.<\/a><\/strong> He said that government is addressing the mismanagement of SOEs, but was also facing pushback from certain sectors, which he did not name. [Reuters]<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/www.timeslive.co.za\/news\/south-africa\/2018-10-28-cosatu-to-embark-on-stayaway-against-e-tolls\/\">Cosatu is planning action against e-tolls, following National Treasury&#8217;s stated support for the tolling scheme which, by all measures, has failed.<\/a><\/strong> The union federation is planning a &#8216;stayaway&#8217; on Friday in protest of the system. [Times Live]<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/www.enca.com\/news\/law-firms-meet-get-steinhoff-money-back\">South African and European law firms are circling Steinhoff on behalf of companies who lost money in the accounting fraud scandal<\/a> <\/strong>which wiped as much as R187 billion in value from the company. The firms are launching a class action against the group, seeking to recoup the money they lost. [ENCA]<\/li>\n<\/ul>\n<ul>\n<li>South Africa\u2019s rand firmed on Friday against a softer dollar, as investor appetite for riskier assets was boosted after the market digested news of the bleak medium-term budget. <strong><a href=\"https:\/\/www.xe.com\/currencyconverter\/convert\/?Amount=1&amp;From=USD&amp;To=ZAR\">On Monday the rand was at R14.59 to the dollar, R18.73 to the pound and R16.63 to the euro.<\/a><\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Analysts don&#8217;t expect South Africa&#8217;s unemployment numbers to improve any time soon; Gordhan says there is a &#8216;dangerous&#8217; pushback against government&#8217;s plans to weed out corruption; Cosatu is planning action against e-tolls; and law firms are going after Steinhoff for the billions of rands lost in its accounting fraud scandal.<\/p>\n","protected":false},"author":10,"featured_media":35157,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872,23],"tags":[26],"class_list":["post-280385","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\/280385","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=280385"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/280385\/revisions"}],"predecessor-version":[{"id":280393,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/280385\/revisions\/280393"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/35157"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=280385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=280385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=280385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}