{"id":631299,"date":"2022-10-05T08:00:14","date_gmt":"2022-10-05T06:00:14","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=631299"},"modified":"2022-10-05T11:55:38","modified_gmt":"2022-10-05T09:55:38","slug":"5-important-things-happening-in-south-africa-today-1379","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/631299\/5-important-things-happening-in-south-africa-today-1379\/","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<hr \/>\n<ul>\n<li><strong>SA tourism at risk:<\/strong> The German ambassador to South Africa has warned that the murder of the German tourist in Mpumalanga will likely derail efforts to boost South Africa&#8217;s tourism sector. The man, travelling with three others, was shot dead on Monday (3 October) during an alleged hijacking. The ambassador said that South Africa is a popular tourist destination for Germany &#8211; the third largest tourist market for the country, and an incident of this kind can have negative repercussions. [<a href=\"https:\/\/ewn.co.za\/2022\/10\/04\/tourist-murder-could-negatively-affect-sa-s-tourism-german-ambassador-to-sa\" target=\"_blank\" rel=\"noopener\">EWN<\/a>]<\/li>\n<\/ul>\n<hr \/>\n<ul>\n<li><strong>Triple threat hits Joburg: <\/strong>A perfect storm has hit Johannesburg as the city has no water and no electricity and no one at the helm to manage the crisis. Johannesburg is facing a water crisis thanks to load shedding, poor infrastructure and planning. With the introduction of a new Johannesburg mayor last week, no one is in charge of the city&#8217;s infrastructure\u00a0until the new council is announced. [<a href=\"https:\/\/www.news24.com\/news24\/southafrica\/news\/triple-whammy-hits-joburg-no-water-no-electricity-and-no-one-steering-the-ship-20221005-2\" target=\"_blank\" rel=\"noopener\">News24<\/a>]<\/li>\n<\/ul>\n<hr \/>\n<ul>\n<li><strong>Flight capacity fears:<\/strong> FlySafair chief marketing officer Kirby Gordon has again raised concerns regarding flight capacity constraints and high ticket prices. He says that with the festive season on the horizon, South Africa&#8217;s flight capacity will be heavily constrained, inflating ticket prices to new highs. He added that while FlySafair plans to add flights to its fleet, the capacity will still be only two-thirds of what it was pre-Covid. [<a href=\"https:\/\/www.enca.com\/business\/flysafair-fears-seat-shortages\" target=\"_blank\" rel=\"noopener\">eNCA<\/a>]<\/li>\n<\/ul>\n<hr \/>\n<ul>\n<li><strong>No light at the end of the tunnel: <\/strong>The load shedding nightmare continues as Eskom was plunged into fresh crisis just before 18h00 on Tuesday when a generation unit each at Kendal and Lethabo power stations tripped. South Africa is currently on track with Eskom&#8217;s worst-case scenario set out in its summer plan, which estimated 27 days of load shedding in September and 22 days in October. As of 5 October, South Africa has experienced 2008 hours (84 days) of load shedding in 2022 &#8211; with more expected to come. [<a href=\"https:\/\/www.moneyweb.co.za\/news\/south-africa\/no-end-in-sight-as-load-shedding-nightmare-worsens\/\" target=\"_blank\" rel=\"noopener\">Moneyweb<\/a>]<\/li>\n<\/ul>\n<hr \/>\n<ul>\n<li><strong>Markets: <\/strong>South Africa&#8217;s rand strengthened on Tuesday (4 October), joining a global risk rally amid weakness in U.S. Treasury yields and the dollar. Stocks on the Johannesburg Stock Exchange closed higher, primarily due to gains in the mining indexes. The rand is currently trading at R17.65\/$, R17.61\/\u20ac and R20.20\/\u00a3. Brent crude is trading at $91.72 a barrel. [<a href=\"https:\/\/www.nasdaq.com\/articles\/south-african-rand-strengthens-on-weak-dollar-stocks-jump\" target=\"_blank\" rel=\"noopener\">Nasdaq<\/a>]<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The German ambassador says the murder of a German tourist this week could negatively impact SA&#8217;s tourism sector; no water, no electricity, and no one at the helm in Joburg; FlySafair has raised concerns regarding flight capacity constraints and rising ticket prices; and South Africa is currently on track with Eskom&#8217;s worst-case scenario set out in its summer plan. <\/p>\n","protected":false},"author":10,"featured_media":589642,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872],"tags":[26],"class_list":["post-631299","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\/631299","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=631299"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/631299\/revisions"}],"predecessor-version":[{"id":631541,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/631299\/revisions\/631541"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/589642"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=631299"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=631299"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=631299"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}