{"id":300348,"date":"2019-02-19T06:36:45","date_gmt":"2019-02-19T04:36:45","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=300348"},"modified":"2019-02-19T06:36:45","modified_gmt":"2019-02-19T04:36:45","slug":"5-important-things-happening-in-south-africa-today-496","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/government\/300348\/5-important-things-happening-in-south-africa-today-496\/","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\/idAFL5N20D392\">South African billionaire Patrice Motsepe says that he won&#8217;t touch Eskom, if its assets were put up for sale.<\/a> <\/strong>The billionaire said he does not support the privatisation of the power utility, and rejected speculation that his company ARC was going to buy a stake in the group. [Reuters]<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/www.iol.co.za\/news\/south-africa\/saa-denies-unbundling-after-announcing-restructure-19368108\">SAA says that it is not unbundling its different units into three separate companie<\/a><\/strong>s &#8211; but the plan is to restructure its business into three separate departments. Tbe plan was mentioned by the group&#8217;s CEO, but the airline said that the message was lost in translation. [IOL]<\/li>\n<\/ul>\n<ul>\n<li>Former National Treasury director-general Lungisa Fuzile has told the state capture commission that former <strong><a href=\"https:\/\/www.timeslive.co.za\/politics\/2019-02-18-jacob-zumas-proposed-nuke-deal-would-have-blown-the-budget-lungisa-fuzile\/\">president Jacob Zuma&#8217;s nuclear energy plans would have blown the country&#8217;s budget<\/a> <\/strong>&#8211; and if things went south, it would make the arms deal saga look like a picnic. [Times Live]<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/www.dailymaverick.co.za\/article\/2019-02-19-bosasa-folds-before-it-could-take-down-the-anc\/\">Bosasa whistleblower Angelo Agrizzi says he&#8217;s only revealed about 20% of the corruption involving South Africa&#8217;s high profile officials and their families<\/a><\/strong>. Agrizzi has ceased testimony in corruption cases since the Hawks moved to arrest him. Bosasa, meanwhile, has applied for liquidation. [Daily Maverick]<\/li>\n<\/ul>\n<ul>\n<li>South Africa\u2019s rand weakened in late afternoon trade on Monday as investors awaited Wednesday\u2019s budget, when the finance minister is expected to unveil plans to shore up state-owned power utility Eskom. <strong><a href=\"https:\/\/www.xe.com\/currencyconverter\/convert\/?Amount=1&amp;From=USD&amp;To=ZAR\">On Tuesday the rand was at R14.14 to the dollar, R18.25 to the pound and R15.98 to the euro.<\/a><\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>SA billionaire promises he won&#8217;t buy Eskom assets if they&#8217;re up for grabs; SAA clarifies that it is restructuring, not splitting; Zuma&#8217;s nuclear deal would have blown the country&#8217;s budget, the state capture commission hears; and Agrizzi says he barely touched the surface of the dirt he has on SA politicians.<\/p>\n","protected":false},"author":10,"featured_media":21788,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872,23],"tags":[26],"class_list":["post-300348","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\/300348","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=300348"}],"version-history":[{"count":3,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/300348\/revisions"}],"predecessor-version":[{"id":300354,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/300348\/revisions\/300354"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/21788"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=300348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=300348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=300348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}