{"id":318584,"date":"2019-05-23T07:00:39","date_gmt":"2019-05-23T05:00:39","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=318584"},"modified":"2019-05-23T07:00:39","modified_gmt":"2019-05-23T05:00:39","slug":"5-important-things-happening-in-south-africa-today-558","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/government\/318584\/5-important-things-happening-in-south-africa-today-558\/","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\/national\/2019-05-23-first-signs-of-ramaphosas-rule-emerge-in-dramatic-day-in-parliament\/\">Cyril Ramaphosa has been sworn in as president, and promises to be a president for all South Africans.<\/a><\/strong> The swearing in of MPs had a few dramatic twists, with several high profile and controversial politicians withdrawing, and former deputy president David Mabuza asking for his swearing in to be delayed. [Business Day]<\/li>\n<\/ul>\n<ul>\n<li>The South African Reserve Bank&#8217;s Monetary Policy Committee is expected to reveal its decision on rates today, <strong><a href=\"https:\/\/www.fin24.com\/Economy\/sa-reserve-bank-expected-to-keep-repo-rate-unchanged-following-mpc-meeting-20190523-2\">with many expecting the body to keep rates unchanged at 6.75%<\/a><\/strong>. CPI for April is at 4.4%, and well within the SARB&#8217;s target range, which means a hold on rates is most likely, analysts say. [News24]<\/li>\n<\/ul>\n<ul>\n<li>Following yet another court ruling declaring Public Protector Busisiwe Mkhwebane&#8217;s reports unconstitutional, civil group Outa wants the advocate removed from her role. <strong><a href=\"https:\/\/www.enca.com\/news\/outa-calls-mkhwebanes-head\">Outa wants an ad hoc committee to investigate Mkhwebane and have her declared unfit for office.<\/a><\/strong> [ENCA]<\/li>\n<\/ul>\n<ul>\n<li>Panasonic has become the latest brand to drop its association with Huawei, joining other major firms that have abandoned the group following US sanctions on it due to security concerns. <strong><a href=\"https:\/\/mybroadband.co.za\/news\/cellular\/307244-huaweis-plan-b.html\">Huawei said it has a Plan B, and will continue to support devices in South Africa and other markets<\/a><\/strong>. [MyBroadband]<\/li>\n<\/ul>\n<ul>\n<li>South Africa\u2019s rand steadied on Wednesday as markets positioned for the release of minutes from the US Federal Reserve, giving more clues on the US interest rate outlook. <strong><a href=\"https:\/\/www.xe.com\/currencyconverter\/convert\/?Amount=1&amp;From=USD&amp;To=ZAR\">On Thursday the rand was at R14.40 to the dollar, R18.21 to the pound and R16.05 to the euro.<\/a><\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Ramaphosa says he will be a president for all South Africans; SARB expected to keep the repo rate unchanged; Outa wants the Public Protector declared unfit for the role; and Huawei says it has a Plan B after major companied drop it.<\/p>\n","protected":false},"author":10,"featured_media":257227,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872,23],"tags":[26],"class_list":["post-318584","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\/318584","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=318584"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/318584\/revisions"}],"predecessor-version":[{"id":318586,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/318584\/revisions\/318586"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/257227"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=318584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=318584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=318584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}