Here’s what is happening in and affecting South Africa today:<\/p>\n\n\n\n
De Ruyter’s new job:<\/strong> Former Eskom chief executive Andre de Ruyter has reportedly landed a new job – as a visiting senior fellow at Yale University in the United States. According to reports, he has been specifically requested to talk about green energy and the Just Energy Transition as part of his lectures. De Ruyter resigned from Eskom in late 2022 and left ahead of his expected final date of making explosive allegations of corruption at the utility, pointing the blame at ANC politicians. [City Press<\/a>]<\/p>\n\n\n\n Expect the worst:<\/strong> Experts warn South Africans to expect the worst when it comes to changing weather patterns – with the El Nino (dry) weather system approaching. While it’s difficult to predict the exact outcome of the system, experts say that the country should gear up for drought conditions and heatwaves nevertheless. The agri sector has warned of the damage the hotter weather can cause to crops and yields, which could impact food prices in the country. [Daily Maverick<\/a>]<\/p>\n\n\n\n Electricity hogs<\/strong>: Electricity minister Kgosientsho Ramokgopa says that vacant offices and government buildings are some of the biggest energy hogs in the country, and they need to become more efficient to avoid higher stages of load shedding. He called on South Africans at large to become more efficient in their energy use but said it is vital for the government to lead by example. [Citizen<\/a>]<\/p>\n\n\n\n New driving rules sidelined:<\/strong> The City of Cape Town says it has found a way to largely sideline new traffic rules under the Administrative Adjudication of Road Traffic Offences (Aarto) Act. The city said that where laws overlap for the same function, legislation allows municipalities to apply either set of rules. Based on this interpretation, it said it would likely only use Aarto for speed infringements while relying on standing laws for other traffic violations. [Moneyweb<\/a>]<\/p>\n\n\n\n Markets:<\/strong> The rand recovered some losses against the dollar on Friday after the US currency fell on employment data. The local unit had a rough week, tanking against the dollar on weaker sentiment and having been ‘overbought’ in the week preceding. Despite the gains made by the week-end, the rand was still down 5% against the dollar. On Monday (7 August) the rand was at R18.50 \/USD, R20.34 \/EUR and R23.55 \/GBP. Oil is higher, trading at $86 a barrel.<\/p>\n","protected":false},"excerpt":{"rendered":" De Ruyter has landed a new job; experts sound the alarm on changing weather patterns; government still hogging electricity; and Cape Town says no thanks to new driving laws.<\/p>\n","protected":false},"author":10,"featured_media":647059,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872],"tags":[26],"class_list":["post-709500","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\/709500","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=709500"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/709500\/revisions"}],"predecessor-version":[{"id":709506,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/709500\/revisions\/709506"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/647059"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=709500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=709500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=709500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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