{"id":325811,"date":"2019-06-27T06:57:27","date_gmt":"2019-06-27T04:57:27","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=325811"},"modified":"2019-06-27T07:32:02","modified_gmt":"2019-06-27T05:32:02","slug":"5-important-things-happening-in-south-africa-today-581","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/government\/325811\/5-important-things-happening-in-south-africa-today-581\/","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>As South Africa&#8217;s public enterprises continue to crumble, president Cyril <strong><a href=\"https:\/\/www.businesslive.co.za\/bd\/national\/2019-06-26-no-privatisation-says-cyril-ramaphosa\/\">Ramaphosa has ruled out privatisation as a route to turn things around at any of them.<\/a><\/strong> He said public companies have a role to play in driving economic growth, and must work in tandem with the private sector, but dismissed privatisation as the most efficient and effective way to save them. [Business Day]<\/li>\n<\/ul>\n<ul>\n<li>The legitimacy of the office of the Public Protector has again been brought into question, with the <strong><a href=\"https:\/\/ewn.co.za\/2019\/06\/27\/legitimacy-of-public-protector-s-office-under-threat-says-sacp\">SACP claiming that current PP Busisiwe Mkhwebane is acting at the behest of rogue groups.<\/a><\/strong> Mkwebane has faced a lot of criticism in her 2 years in the position, with many of her reports taken on review, and two court rulings against her. The SACP accused her of acting on behalf of a faction within the ANC. [EWN]<\/li>\n<\/ul>\n<ul>\n<li>The state capture commission has heard how former public enterprises minister <strong><a href=\"https:\/\/www.dailymaverick.co.za\/article\/2019-06-27-gigaba-remained-silent-as-saa-was-pressured-to-sign-nonsensical-gupta-linked-mumbai-deal\/\">Malusi Gigaba sat silent, tacitly supporting a recommendation that SAA cut its SA-India route<\/a><\/strong> and hand it over to the Gupta-linked Jet Airways.The route was one of the more lucrative strategic paths for the airline &#8211; while SAA was losing more money on many other routes. [Daily Maverick]<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/www.enca.com\/news\/rand-water-completes-upgrade-installation\">Rand Water has completed its upgrade work on pipelines,<\/a><\/strong> bringing a 54 hours maintenance period to a close with &#8216;minimal disruptions&#8217;. The group said that normal services will now return, and residents can go back to using water normally. [ENCA]<\/li>\n<\/ul>\n<ul>\n<li>South Africa\u2019s rand firmed on Wednesday as risk appetite improved after comments from the US Treasury Secretary suggesting progress in a trade deal with China, offsetting disappointment about the size of potential US interest rate cuts. <strong><a href=\"https:\/\/www.xe.com\/currencyconverter\/convert\/?Amount=1&amp;From=USD&amp;To=ZAR\">On Thursday the rand was at R14.23 to the dollar, R18.04 to the pound and R16.16 to the euro.<\/a><\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Ramaphosa says no to the privatisation of failing state companies; Public Protector accused of acting at the behest of &#8216;rogue intelligence&#8217; groups; more evidence emerges that Gigaba was a Gupta yes man; and Rand Water disruptions have come to an end.<\/p>\n","protected":false},"author":10,"featured_media":289064,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[9872,23],"tags":[26],"class_list":["post-325811","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\/325811","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=325811"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/325811\/revisions"}],"predecessor-version":[{"id":325813,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/325811\/revisions\/325813"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/289064"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=325811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=325811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=325811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}