{"id":317692,"date":"2019-05-20T07:03:05","date_gmt":"2019-05-20T05:03:05","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=317692"},"modified":"2019-05-20T07:03:05","modified_gmt":"2019-05-20T05:03:05","slug":"5-important-things-happening-in-south-africa-today-555","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/government\/317692\/5-important-things-happening-in-south-africa-today-555\/","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>Reports indicate that Eskom has received another R12.5 billion injection to help keep it running &#8211;<strong><a href=\"https:\/\/www.dailymaverick.co.za\/article\/2019-05-20-speculation-about-cabinet-posts-obscures-sas-achilles-heel-eskom-which-has-just-received-another-r12-5bn\/\"> including a R8.5 billion payment from government&#8217;s emergency fund<\/a><\/strong>. Analysts are worried, however, that what&#8217;s left for the power utility to dip into may not be enough to tide it over to its year end in June. [Daily Maverick]<\/li>\n<\/ul>\n<ul>\n<li>Leaked messages show that a virtually unknown businessman may have curried favour with insiders at the PIC, <strong><a href=\"https:\/\/amabhungane.org\/stories\/leaked-whatsapps-how-access-to-pic-execs-may-have-facilitated-deals\/\">with the aim of becoming a billionaire on pensioners&#8217; money<\/a><\/strong>. Over 200 messages were leaked, and investigated by amaBhungane. [amaBhungane]<\/li>\n<\/ul>\n<ul>\n<li>ANC secretary general says there are &#8220;dark forces&#8221; within the ANC that are trying to distract it from the fight against so-called &#8220;white monopoly capital&#8221;. He said that <strong><a href=\"https:\/\/www.timeslive.co.za\/sunday-times\/news\/2019-05-19-ace-magashule-economy-still-in-white-hands-we-are-slaves\/\">the ANC will expropriate land without compensation, nationalise the reserve bank and block any privatisation of state-owned companies.<\/a> <\/strong>[TimesLive]<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/www.enca.com\/news\/jacob-zuma-back-court-new-legal-team\">Former president Jacob Zuma is back in court today on corruption charges.<\/a> <\/strong>His new legal team will be fighting for a permanent stay of prosecution. He is facing numerous charges, including racketeering, money laundering and corruption. [ENCA]<\/li>\n<\/ul>\n<ul>\n<li>South Africa\u2019s rand weakened on Friday as most emerging market currencies retreated against a dollar lifted to near two-week highs by positive US economic data. <strong><a href=\"https:\/\/www.xe.com\/currencyconverter\/convert\/?Amount=1&amp;From=USD&amp;To=ZAR\">On Monday the rand was at R14.42 to the dollar, R18.37 to the pound and R16.09 to the euro.<\/a><\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Reports indicate Eskom received another emergency bailout; leaked messages tell a tale of how the PIC was to be abused to make an unknown businessman a billionaire; ANC SG Ace Magashule reignites the fight against &#8220;white monopoly capital&#8221;; and Zuma is back in court on corruption charges.<\/p>\n","protected":false},"author":10,"featured_media":298832,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872,23],"tags":[26],"class_list":["post-317692","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\/317692","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=317692"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/317692\/revisions"}],"predecessor-version":[{"id":317694,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/317692\/revisions\/317694"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/298832"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=317692"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=317692"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=317692"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}