{"id":295494,"date":"2019-01-28T06:40:25","date_gmt":"2019-01-28T04:40:25","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=295494"},"modified":"2019-01-28T06:40:25","modified_gmt":"2019-01-28T04:40:25","slug":"5-important-things-happening-in-south-africa-today-480","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/government\/295494\/5-important-things-happening-in-south-africa-today-480\/","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>Experts say that <strong><a href=\"https:\/\/mg.co.za\/article\/2019-01-25-00-no-end-to-eskom-bailout-furore\">if Eskom doesn&#8217;t get its requested 15% tariff hike every year for the next three years, it&#8217;s going to have to get government bailouts for the next 10 years<\/a><\/strong> to address its R420 billion debt crisis. The group is appealing to regulator Nersa to grant the increases. [Mail &amp; Guardian]<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/twitter.com\/CompComSA\/status\/1089533259783028742\">Ster Kinekor, Primedia and the SABC have been found by the Competition Commission to be engaging in cartel conduct<\/a><\/strong> &#8211; fixing prices and trade conditions in the media space. The have agreed to pay penalties to the tune of R42 million, with millions more being paid over time. [CompCom]<\/li>\n<\/ul>\n<ul>\n<li>SAA CEO Vuyani Jarana says that the struggling airline has been hitting its operational targets in a very difficult situation, <strong><a href=\"https:\/\/www.businesslive.co.za\/bd\/national\/2019-01-28-saa-ceo-says-banks-have-agreed-on-r35bn-lifeline-in-principle\/\">which is why banks have agreed to R3.5 billion in funding &#8211; at least in principle.<\/a> <\/strong>The money will allow SAA to keep operating until the end of April. [Business Day]<\/li>\n<\/ul>\n<ul>\n<li>If you missed voter registration this weekend, <strong><a href=\"http:\/\/www.elections.org.za\/content\/default.aspx\">you can still register to vote at your local\u00a0IEC office weekdays, from 08h00 to 17h00.<\/a><\/strong> You will be able to register up until the proclamation of the election date, which is expected once parliament opens for the year. [IEC]<\/li>\n<\/ul>\n<ul>\n<li>\u00a0South Africa\u2019s rand firmed against the dollar on Friday, supported by a pick up in risk-taking, while banks topped the blue-chip index after Morgan Stanley raised their target prices.<strong><a href=\"https:\/\/www.xe.com\/currencyconverter\/convert\/?Amount=1&amp;From=USD&amp;To=ZAR\"> On Monday, the rand was at R13.59 to the dollar, R17.94 to the pound and R15.52 to the euro.<\/a><\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Eskom will need 10 more years of taxpayer bailouts if it doesn&#8217;t get its tariff hikes, an expert says; Ster Kinekor, Primedia and the SABC to pay fines for price fixing; SAA CEO says banks have agreed in principle to R3.5 billion in funding; and it&#8217;s not too late to register to vote in the 2019 election.<\/p>\n","protected":false},"author":10,"featured_media":75316,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872,23],"tags":[26],"class_list":["post-295494","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\/295494","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=295494"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/295494\/revisions"}],"predecessor-version":[{"id":295496,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/295494\/revisions\/295496"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/75316"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=295494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=295494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=295494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}