{"id":339501,"date":"2019-09-09T07:07:10","date_gmt":"2019-09-09T05:07:10","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=339501"},"modified":"2019-09-09T07:07:10","modified_gmt":"2019-09-09T05:07:10","slug":"5-important-things-happening-in-south-africa-today-632","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/government\/339501\/5-important-things-happening-in-south-africa-today-632\/","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:\/\/mg.co.za\/article\/2019-09-06-00-tito-tackles-the-water-crisis\">Finance minister Tito Mboweni wants South Africa to devise a comprehensive water plan<\/a><\/strong>, amid estimates that the country&#8217;s water demand will outstrip supply by 2 million cubic metres in the next 10 years. The minister is proposing a system similar to the Independent Power Provider scheme used with electricity, along with drawing investment, and establishing an independent water regulator. [Mail &amp; Guardian]<\/li>\n<\/ul>\n<ul>\n<li>The latest investigation by Scorpio into the looting of VBS has revealed how EFF leader <strong><a href=\"https:\/\/www.dailymaverick.co.za\/article\/2019-09-08-vbs-theft-money-laundering-lifes-little-luxuries-julius-malemas-time-of-spending-dangerously\/\">Julius Malema&#8217;s lavish lifestyle was funded through millions of rands paid to his cousin&#8217;s shelf company<\/a><\/strong>, from the company owned by Floyd Shivambu&#8217;s brother. The companies reportedly received as much as R16.1 million from the looting of VBS, of which, around R5.3 million was claimed to be tied directly to Malema. [Daily Maverick]<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/city-press.news24.com\/News\/everyone-can-win-against-public-protector-mkhwebane-unhappy-with-judges-u-turn-since-she-took-office-20190909\">Public protector Busisiwe Mkhwebane wants to meet with president Cyril Ramaphosa privately<\/a><\/strong> to discuss a number of issues relating to their very public spats. Mkhwebane said she wants to avoid a battle through the media. She has lost several high-profile court battles pertaining her reports, and claims that the judiciary is unfairly ganging up on her &#8211; and being inconsistent in the rulings. [City Press]<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/www.iol.co.za\/news\/south-africa\/gauteng\/one-dead-16-arrested-in-attacks-in-joburg-32577838\">Violent protests and looting once again erupted over the weekend, resulting in one dead and five people injured.<\/a><\/strong> The acts form part of the continued protest action against foreign nationals in South Africa, and were perpetrated\u00a0 by a splinter group of hostel residents that gathered to march. 16 people were arrested. Police have warned people to steer clear of the Joburg CBD, and especially the taxi ranks. [IOL]<\/li>\n<\/ul>\n<ul>\n<li>The rand starts the week on the front foot, holding onto last week\u2019s gains. On Friday, the Fed stated that a recession in the US is unlikely in its view, but added that it will act appropriately to support the economy and the 2% inflation target. The trade war remains the greatest risk factor for currencies and the US economy, with uncertainty undermining trade amongst businesses. <strong><a href=\"https:\/\/www.xe.com\/currencyconverter\/convert\/?Amount=1&amp;From=USD&amp;To=ZAR\">On Monday the rand was at R14.79 to the dollar, R18.16 to the pound and R16.31 to the euro.<\/a><\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>How Mboweni wants to tackle South Africa&#8217;s water crisis; VBS looting paper trail leads right to EFF leader Julius Malema; Mkhwebane says SA judges are out to get her; and violent protests continue, claiming another life in Joburg.<\/p>\n","protected":false},"author":10,"featured_media":221403,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[26],"class_list":["post-339501","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-government","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/339501","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=339501"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/339501\/revisions"}],"predecessor-version":[{"id":339503,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/339501\/revisions\/339503"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/221403"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=339501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=339501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=339501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}