{"id":307500,"date":"2019-03-28T06:55:09","date_gmt":"2019-03-28T04:55:09","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=307500"},"modified":"2019-03-28T06:55:09","modified_gmt":"2019-03-28T04:55:09","slug":"5-important-things-happening-in-south-africa-today-522","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/government\/307500\/5-important-things-happening-in-south-africa-today-522\/","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>A <strong><a href=\"https:\/\/outa.co.za\/blog\/newsroom-1\/post\/e-tolls-going-going-but-not-quite-gone-103\">decision to suspend summonses and pursuit of e-toll debt is a strong signal that the system is on its way out,<\/a><\/strong> according to Outa. However, many question about the suspension remain unanswered &#8211; particularly government&#8217;s plan to pay off rising debt tied to the system. [Outa]<\/li>\n<\/ul>\n<ul>\n<li>The Reserve Bank MPC will announce its rates decision today, <strong><a href=\"https:\/\/www.fin24.com\/Economy\/reserve-bank-expected-to-hold-off-on-hiking-interest-rates-for-now-20190328-2\">with most economists calling a hold on the current rates for now.<\/a><\/strong> The South African economy has seen some recovery, and is in a favourable inflation environment &#8211; but faces pressure in spending and debt. [Fin24]<\/li>\n<\/ul>\n<ul>\n<li>President Cyril Ramaphosa has named<strong>\u00a0<\/strong><a href=\"https:\/\/af.reuters.com\/article\/southAfricaNews\/idAFL8N21E5SP\"><strong>former chief executive of Alexander Forbes, Edward Kieswetter, as the new SARS commissioner<\/strong>.<\/a> Kieswetter replaces Tom Moyane, who was fired for maladministration and mismanagement of the revenue service. [Reuters]<\/li>\n<\/ul>\n<ul>\n<li>Elders in the ANC are calling for <strong><a href=\"https:\/\/city-press.news24.com\/News\/anc-elders-demand-the-removal-of-controversial-names-from-election-list-20190327\">members who have been implicated in wrongdoing to voluntarily remove themselves from the party&#8217;s election list<\/a><\/strong>. The ANC elders were vocal in the campaign to remove former president Jacob Zuma. [City Press]<\/li>\n<\/ul>\n<ul>\n<li>South Africa\u2019s rand tumbled to its weakest since early January on Wednesday, as sentiment toward emerging market currencies was soured by a slide in the Turkish lira. <strong><a href=\"https:\/\/www.xe.com\/currencyconverter\/convert\/?Amount=1&amp;From=USD&amp;To=ZAR\">On Thursday the rand was at R14.61 to the dollar, R19.28 to the pound and R16.45 to the euro.<\/a><\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>E-tolls could be on their way out for good &#8211; but questions remain; Reserve Bank will make its rates decision today; former Alexander Forbes boss appointed as SARS chief; and ANC elders want corrupt names off the election list.<\/p>\n","protected":false},"author":10,"featured_media":62977,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872,23],"tags":[26],"class_list":["post-307500","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\/307500","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=307500"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/307500\/revisions"}],"predecessor-version":[{"id":307502,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/307500\/revisions\/307502"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/62977"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=307500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=307500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=307500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}