{"id":629064,"date":"2022-09-28T08:28:01","date_gmt":"2022-09-28T06:28:01","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=629064"},"modified":"2022-09-28T08:40:58","modified_gmt":"2022-09-28T06:40:58","slug":"5-important-things-happening-in-south-africa-today-1374","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/629064\/5-important-things-happening-in-south-africa-today-1374\/","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<hr \/>\n<ul>\n<li><strong>Corruption at National Lotteries Board: <\/strong>The Special Investigating Unit (SIU) says theft and money laundering at the National Lotteries Board amount to just over R1.4 billion. SIU is expected to hand over its first report on the theft of R273 million to president Cyril Ramaphosa in the coming weeks. Two additional investigations worth R246 million and R905 million will continue well into next year. The SIU plans to hand a list of 13 implicated individuals to the National Prosecuting Authority by October 2022. [<a href=\"https:\/\/ewn.co.za\/2022\/09\/27\/siu-theft-money-laundering-at-national-lotteries-board-amount-to-r1-4bn\">EWN<\/a>]<\/li>\n<\/ul>\n<hr \/>\n<ul>\n<li><strong>Eskom&#8217;s failure boosts solar demand: <\/strong>South African banks have noted an overwhelming number of inquiries from customers ready to drop Eskom and move to solar. Standard Bank, Absa, Nedbank, and FNB have all noted a sharp increase in customers looking at their solar financing options, including access bonds and readvances to personal loans and leasing in an effort to rid themselves of Eskom&#8217;s load-shedding.\u00a0 [<a href=\"https:\/\/www.moneyweb.co.za\/news\/south-africa\/banks-face-avalanche-of-demand-from-customers-trying-to-ditch-eskom-and-go-solar\/\">Moneyweb<\/a>]<\/li>\n<\/ul>\n<hr \/>\n<ul>\n<li><strong>Jet fuel crisis: <\/strong>The jet fuel crisis at Cape Town International Airport has become critical. A scheduled fuel shipment that was expected to arrive in the local harbour last Sunday has been delayed due to rough sea conditions. It was reported on Monday that the airport had enough fuel to last between four to six days, and the shipment is now expected to arrive at the end of the week. Fuel suppliers have delivered an additional 2 million litres of jet fuel to the airport this week in a bid to alleviate pressure on supplies. [<a href=\"https:\/\/www.news24.com\/fin24\/economy\/cape-town-jet-fuel-crunch-could-worsen-as-shipment-hits-rough-seas-20220927\">News24<\/a>]<\/li>\n<\/ul>\n<hr \/>\n<ul>\n<li><strong>Another dam collapse at Jagersfontein: <\/strong>There\u2019s been another dam wall collapse in Jagersfontein in the Free State. This is barely a month after a tailings dam burst its banks, leaving one person dead and hundreds homeless. The provincial\u00a0government is still trying to establish the extent of the water flow. However, it is understood that the water is running through the neighbourhood of Charlesville and the nearby Dennis Louw farm [<a href=\"https:\/\/www.enca.com\/news\/another-dam-wall-collapse-jagersfontein\">ENCA<\/a>]<\/li>\n<\/ul>\n<hr \/>\n<ul>\n<li><strong>Markets: <\/strong>South Africa&#8217;s rand firmed on Tuesday after slumping to a 28-month low. Shares on the Johannesburg Stock Exchange rose, mirroring similar gains in global equities and helped by an uptick in global oil and gold prices as investors took stock after a softening in the dollar. The rand is currently trading at R18.12\/$, R17.32\/\u20ac and R19.36\/\u00a3. Brent crude oil is trading at $85 a barrel. [<a href=\"https:\/\/www.nasdaq.com\/articles\/south-african-rand-firms-as-dollar-takes-a-breather\">Nasdaq<\/a>]<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The Special Investigating Unit says theft and money laundering has cost the National Lotties Board R1.4 billion; South African banks see a sharp increase in customers ready to drop Eskom and move to solar; The jet fuel crisis at Cape Town International Airport has become critical; and There\u2019s been another dam wall collapse in Jagersfontein in the Free State.<\/p>\n","protected":false},"author":10,"featured_media":629150,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872],"tags":[26],"class_list":["post-629064","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\/629064","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=629064"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/629064\/revisions"}],"predecessor-version":[{"id":629162,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/629064\/revisions\/629162"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/629150"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=629064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=629064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=629064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}