{"id":652735,"date":"2022-12-20T07:36:03","date_gmt":"2022-12-20T05:36:03","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=652735"},"modified":"2022-12-20T07:45:04","modified_gmt":"2022-12-20T05:45:04","slug":"5-important-things-happening-in-south-africa-today-1432","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/government\/652735\/5-important-things-happening-in-south-africa-today-1432\/","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>FBI alert:<\/strong> Finance minister Enoch Godongwana recently revealed that the South African Reserve Bank suffered an attempted hack. The revelation was very late, with the attempt taking place in August, but the media and South Africans only found out in the past week. The minister said that the local security cluster had no idea and only found out about it after being alerted to it by the US&#8217; Federal Bureau for Investigation (FBI). [<a href=\"https:\/\/businesstech.co.za\/news\/finance\/651889\/by-the-way-the-reserve-bank-was-hacked\/\">BusinessTech<\/a>, <a href=\"https:\/\/www.news24.com\/news24\/southafrica\/news\/fbi-alerts-hawks-about-cyber-attack-at-sa-reserve-bank-20221220\">News24<\/a>]<\/li>\n<\/ul>\n<hr \/>\n<ul>\n<li><strong>Eskom army deployment:<\/strong> The drastic decision to deploy SANDF members to power stations in South Africa was reportedly informed by intelligence services and could ramp up or down depending on the effect and response to the deployment. The SANDF said that the army would be working to support the SAPS in protecting the power stations from theft, vandalism, sabotage, and other acts of criminality. [<a href=\"https:\/\/www.news24.com\/fin24\/economy\/intelligence-led-to-armys-deployment-at-eskom-power-stations-20221219\">News24<\/a>]<\/li>\n<\/ul>\n<hr \/>\n<ul>\n<li><strong>Cabinet reshuffle:<\/strong> Following a resounding victory at the ANC&#8217;s elective conference, the door has now opened for president Cyril Ramaphosa to make sweeping changes to his cabinet. There are currently vacant positions in the cabinet, and transport minister Fikile Mbalula is moving to a full-time position of secretary general at Luthuli House, meaning ministers will have to move around. It is also an opportunity to get rid of cabinet members who actively sought to bring Ramaphosa down. [<a href=\"https:\/\/www.businesslive.co.za\/bd\/politics\/2022-12-19-cyril-ramaphosas-re-election-opens-a-window-for-a-cabinet-reshuffle\/\">BusinessLive<\/a>]<\/li>\n<\/ul>\n<hr \/>\n<ul>\n<li><strong>Zuma waning:<\/strong> The results of the ANC&#8217;s elective conference show that former president Jacob Zuma&#8217;s star is fading, and the stronghold for his supporters &#8211; KwaZulu Natal &#8211; is not as influential as it once was. For a second time in a row, the province&#8217;s preferred candidate has lost at the conference, and only two names it put forward (Paul Mashatile and Nomvula Mokonyane) made it into the top 7 &#8211; but only with support from other provinces and interest groups. [<a href=\"https:\/\/www.dailymaverick.co.za\/article\/2022-12-19-zumas-influence-on-the-wane-as-kzn-fails-to-deliver-at-anc-conference\/\">Daily Maverick<\/a>]<\/li>\n<\/ul>\n<hr \/>\n<ul>\n<li><strong>Markets<\/strong>: The rand rallied following the re-election of Cyril Ramaphosa as ANC president for a second term, signalling a return to some semblance of political stability after markets were rattled by attempts to bring him down in recent weeks. The currency is still influenced by global markets, however, with further interest rate hikes adding pressure. On Tuesday, the rand was trading at R17.44\/$, R18.47\/\u20ac and R21.12\/\u00a3. Brent crude is trading at $80 a barrel.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The FBI let South Africa know the SARB was being hacked; SANDF clarifies what it&#8217;s doing at Eskom&#8217;s power stations; a Cabinet Reshuffle is coming; and ANC election results show Zuma&#8217;s star is fading.<\/p>\n","protected":false},"author":10,"featured_media":641941,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872,23],"tags":[26],"class_list":["post-652735","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\/652735","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=652735"}],"version-history":[{"count":2,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/652735\/revisions"}],"predecessor-version":[{"id":652747,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/652735\/revisions\/652747"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/641941"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=652735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=652735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=652735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}