{"id":299338,"date":"2019-02-14T06:41:49","date_gmt":"2019-02-14T04:41:49","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=299338"},"modified":"2019-02-14T06:41:49","modified_gmt":"2019-02-14T04:41:49","slug":"5-important-things-happening-in-south-africa-today-493","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/government\/299338\/5-important-things-happening-in-south-africa-today-493\/","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:\/\/ewn.co.za\/2019\/02\/13\/parliament-gives-green-light-for-urgent-debate-on-sa-energy-crisis\">Parliament has called an emergency debate over South Africa&#8217;s energy crisis<\/a><\/strong>, following statements from the department of energy that Eskom will collapse by April unless it gets a bailout. The department has <strong><a href=\"https:\/\/mg.co.za\/article\/2019-02-13-dpe-issues-correction-eskom-not-insolvent-but-has-liquidity-challenges\">walked back on comments saying that Eskom is insolvent<\/a><\/strong>, and now simply says the company has &#8220;liquidity issues&#8221;. [EWN, Mail &amp; Guardian]<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/twitter.com\/Eskom_SA\/status\/1095803125833875459\">Eskom will implement stage 2 load shedding today<\/a><\/strong> &#8211; one notch down from the stage 3 blackouts its implemented so far this week.\u00a0Eskom says there&#8217;s been an improvement in generation which has replenished some water and diesel reserves, but the grid remain under pressure. [Eskom]<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/www.moneyweb.co.za\/mymoney\/moneyweb-tax\/tax-revenue-could-miss-mini-budget-forecast-by-more-than-r10-billion\/\">Tax revenue for 2018\/19 could once again miss targets, this time falling short by R10 billion<\/a> <\/strong>from the number set by finance minister Tito Mboweni during the 2018 mid-term budget speech. The MTBPS reduced the 2018\/19 target by R27 billion, meaning the total miss could amount to R37 billion. [Moneyweb]<\/li>\n<\/ul>\n<ul>\n<li>South Africa&#8217;s energy crisis is not the only thing we need to worry about, with <strong><a href=\"https:\/\/www.dailymaverick.co.za\/article\/2019-02-13-while-electricity-hogs-headlines-south-africas-water-situation-is-another-unfolding-crisis\/\">experts warning that a water and sanitation crisis is waiting in the wings, ready to become the new crisis to hit home<\/a><\/strong>. SA towns are already running out of water, and set the tone for how the rest of South Africa could end up if something is not done soon. [Daily Maverick]<\/li>\n<\/ul>\n<ul>\n<li>South Africa\u2019s rand sank more than 1% on Wednesday as concerns over state power firm Eskom were compounded by a firming dollar after a measure of US inflation came in stronger than expected. <strong><a href=\"https:\/\/www.xe.com\/currencyconverter\/convert\/?Amount=1&amp;From=USD&amp;To=ZAR\">On Thursday the rand was at R14.05 to the dollar, R18.07 to the pound and R15.84 to the euro.<\/a><\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Emergency parliamentary debate scheduled over the SA power crisis; Eskom implements stage 2 load shedding today; tax revenue could fall short by another R10 billion; and a South African water and sanitation crisis &#8211; coming soon to a town near you.<\/p>\n","protected":false},"author":10,"featured_media":221397,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11121,23],"tags":[26],"class_list":["post-299338","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","category-government","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/299338","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=299338"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/299338\/revisions"}],"predecessor-version":[{"id":299340,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/299338\/revisions\/299340"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/221397"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=299338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=299338"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=299338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}