{"id":297568,"date":"2019-02-06T06:51:20","date_gmt":"2019-02-06T04:51:20","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=297568"},"modified":"2019-02-06T06:51:20","modified_gmt":"2019-02-06T04:51:20","slug":"5-important-things-happening-in-south-africa-today-487","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/government\/297568\/5-important-things-happening-in-south-africa-today-487\/","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.businesslive.co.za\/bd\/companies\/financial-services\/2019-02-05-standard-chartered-to-pay-40m-fine-for-manipulating-currencies-including-the-rand\/\">Standard Chartered has been fined $40 million for manipulating currencies, including the rand.<\/a><\/strong> The fine, from\u00a0New York state department of financial services, effectively strengthens the Competition Commission&#8217;s case against a slew of banks, including Standard Bank, Investec, Absa, for price fixing. [Business Day]<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/af.reuters.com\/article\/africaTech\/idAFJ8N1Q300N\">President Cyril Ramaphosa said he will detail the plan for Eskom in . the &#8220;coming few days&#8221;.<\/a><\/strong> He said that he will announce\u00a0\u00a0a package of measures to stabilise as well as to improve Eskom\u2019s financial, operational as well as structural position, and to ensure security of energy supply for the economy. [Reuters]<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/www.dailymaverick.co.za\/article\/2019-02-05-dudu-myenis-bosasa-woes-stack-up-beyond-a-louis-vuitton-handbag\/\">Testimony before the state capture commission is further implicating former SAA chair and Zuma ally Dudu Myeni in the Bosasa bribes<\/a><\/strong>, with evidence being presented that places Myeni at the hotel the former Bosasa COO claims to have met her at to receive confidential documents from her. [Daily Maverick]<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/www.enca.com\/news\/dut-student-shot-dead\">A new wave of student protests are hitting some institutions in South Africa<\/a><\/strong>, and has already resulted in the death of one student. A student was shot and killed by private security at the Durban University of Technology. Students at DUT and Wits are protesting against financial exclusion. [ENCA]<\/li>\n<\/ul>\n<ul>\n<li>South Africa\u2019s rand steadied against the dollar in late afternoon trade on Tuesday as traders awaited US President Donald Trump\u2019s State of the Union address which could hint at progress in US-China trade talks. <strong><a href=\"https:\/\/www.xe.com\/currencyconverter\/convert\/?Amount=1&amp;From=USD&amp;To=ZAR\">On Wednesday the rand was at R13.40 to the dollar, R17.36 to the pound and R15.28 to the euro.<\/a><\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Standard Chartered fined $40 million for manipulating currencies; Ramaphos is expected to detail his Eskom rescue plan in the coming days; new testimony further implicates Dudu Myeni in the Bosasa bribes; and student protests have erupted, and one person has been killed.<\/p>\n","protected":false},"author":10,"featured_media":102100,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872,23],"tags":[26],"class_list":["post-297568","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\/297568","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=297568"}],"version-history":[{"count":2,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/297568\/revisions"}],"predecessor-version":[{"id":297572,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/297568\/revisions\/297572"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/102100"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=297568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=297568"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=297568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}