{"id":372322,"date":"2020-02-10T07:22:05","date_gmt":"2020-02-10T05:22:05","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=372322"},"modified":"2020-02-10T07:26:25","modified_gmt":"2020-02-10T05:26:25","slug":"5-important-things-happening-in-south-africa-today-732","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/372322\/5-important-things-happening-in-south-africa-today-732\/","title":{"rendered":"5 important things happening in South Africa today"},"content":{"rendered":"<p>Here\u2019s what is happening in and affecting South Africa today:<\/p>\n<ul>\n<li><strong><a href=\"https:\/\/ewn.co.za\/2020\/02\/09\/malema-repeats-eff-threats-to-disrupt-sona-if-gordhan-isn-t-fired\" target=\"_blank\" rel=\"noopener noreferrer\">The country is gearing up for president Cyril Ramaphosa&#8217;s State of the Nation Address on Thursday (13 February), with some disruptions already expected.<\/a> <\/strong>EFF leader Julius Malema said Ramaphosa has failed to listen to the party&#8217;s calls for public enterprises minister Pravin Gordhan to be fired and that they plan to interrupt proceedings as soon as he starts speaking. [EWN]<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/www.fin24.com\/Companies\/Industrial\/saa-business-rescue-practitioners-defend-route-cancellation-20200209\" target=\"_blank\" rel=\"noopener noreferrer\">SAA&#8217;s business rescue practitioners have defended their decision to cancel domestic routes as being in the best interest of the airline. <\/a>\u00a0<\/strong>The practitioners said the actions are aimed at improving SAA&#8217;s balance sheet which is intended to create a platform for a strong and sustainable airline and so ensure that the company is more attractive for potential strategic equity partners. [Fin24]<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/twitter.com\/Eskom_SA\/status\/1226542742798557188\/photo\/1\" target=\"_blank\" rel=\"noopener noreferrer\">Eskom lifted stage 2 load shedding on Sunday evening as emergency reserves adequately recovered to allow for a reduction in power cuts.<\/a><\/strong> However, the power utility said that it plans resume Stage 1 load shedding from 09h00 on Monday, with power cuts likely for the rest of the week. [Eskom]<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/www.businesslive.co.za\/bd\/national\/2020-02-09-new-bill-will-add-to-cost-burden-property-sector-warns\/\" target=\"_blank\" rel=\"noopener noreferrer\">The property industry has cautioned that a new bill aimed at standardising the development charges municipalities can levy on property developers and owners could lead to serious abuse.<\/a><\/strong> The bill is aimed at ensuring property developers and owners pay for the costs local governments incur to install new infrastructure or upgrade existing infrastructure to service new developments. [BusinessDay]<\/li>\n<\/ul>\n<ul>\n<li>The markets will once again focus on China this week and whether the country will slowly return to normal.\u00a0 <strong><a href=\"https:\/\/www.xe.com\/currencyconverter\/convert\/?Amount=1&amp;From=USD&amp;To=ZAR\">On Monday the rand was at R15.01 to the dollar, R19.36 to the pound and R16.44 to the euro.<\/a><\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The EFF plans to derail Ramaphosa&#8217;s State of the Nation Address; SAA&#8217;s business rescue practitioners have defended their decision to cancel domestic routes; Eskom warns of another week of load shedding; and a new bill could cost South African property owners in a big way.<\/p>\n","protected":false},"author":10,"featured_media":42987,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872],"tags":[26],"class_list":["post-372322","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/372322","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=372322"}],"version-history":[{"count":14,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/372322\/revisions"}],"predecessor-version":[{"id":372358,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/372322\/revisions\/372358"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/42987"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=372322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=372322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=372322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}