{"id":766971,"date":"2024-04-09T08:00:22","date_gmt":"2024-04-09T06:00:22","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=766971"},"modified":"2024-08-19T16:57:56","modified_gmt":"2024-08-19T14:57:56","slug":"5-important-things-happening-in-south-africa-today-1745","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/5-things\/766971\/5-important-things-happening-in-south-africa-today-1745\/","title":{"rendered":"5 important things happening in South Africa today"},"content":{"rendered":"\n<p>Here\u2019s what is happening in and affecting South Africa today:<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Investec&#8217;s \u2018sensitive\u2019 client information battle:<\/strong>&nbsp;Investec Bank is battling its ex-legal counsel over documents in her possession, which the bank suspects include confidential client details. Business Day reported that in January, Investec sought intervention from the high court through an ex parte application, which means they proceeded without informing the other party, to reclaim documents following her termination from the company. [<a href=\"https:\/\/www.businesslive.co.za\/bd\/companies\/financial-services\/2024-04-09-investec-in-battle-over-sensitive-client-information\/\" target=\"_blank\" rel=\"noreferrer noopener\">Business Day<\/a>]<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>South Africa snubs the EU:<\/strong> According to people familiar with the situation, the European Union made several requests to South Africa to schedule the so-called EU-South Africa Summit over the past 12 months but has not received a response setting or suggesting a date. [<a href=\"https:\/\/businesstech.co.za\/news\/government\/766975\/south-africa-gives-its-biggest-trade-partner-and-investor-the-cold-shoulder\/\" target=\"_blank\" rel=\"noreferrer noopener\">BusinessTech<\/a>]<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Cash-strapped Joburg splurges on more bodyguards for bigwigs:&nbsp;<\/strong>Despite budget cuts, Johannesburg&#8217;s council has approved a significant increase in VIP protection for its top officials, making its spending on VIP security the highest in South Africa. As an example, the Al Jama-ah mayor will now receive ten bodyguards and an eight-vehicle fleet.  [<a href=\"https:\/\/www.dailymaverick.co.za\/article\/2024-04-08-another-slap-in-the-face-cash-strapped-city-of-joburg-splurges-on-bodyguards-for-bigwigs\/\" target=\"_blank\" rel=\"noreferrer noopener\">Daily Maverick<\/a>]<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Over 132 Western Cape schools damaged:&nbsp;<\/strong>According to the provincial education department, over 132 schools have been damaged after a massive storm hit the Western Cape on Sunday night. Over 270,000 pupils have subsequently been affected by school closures. [<a href=\"https:\/\/www.ewn.co.za\/2024\/04\/09\/over-132-schools-damaged-by-cape-storm-over-270-000-pupils-affected-by-closures-wced\" target=\"_blank\" rel=\"noreferrer noopener\">EWN<\/a>]<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Markets:<\/strong>&nbsp;South Africa&#8217;s rand firmed on Monday, after central bank data showed that foreign reserves had increased in March. On Tuesday (9 April), the rand was trading at R18.64 to the dollar, R23.58 to the pound, and R20.24 to the euro. Oil is trading at $90.58 a barrel. [<a href=\"https:\/\/www.reuters.com\/world\/africa\/south-african-rand-firms-after-foreign-reserves-data-2024-04-08\/#:~:text=JOHANNESBURG%2C%20April%208%20(Reuters),stronger%20than%20its%20previous%20close.\" target=\"_blank\" rel=\"noreferrer noopener\">Reuters]<\/a><\/li>\n<\/ul>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investec&#8217;s &#8216;sensitive&#8217; client information battle; South Africa snubs the EU; cash-strapped Joburg splurged on more bigwig protection; and over 132 Western Cape schools damaged by storms.<\/p>\n","protected":false},"author":101,"featured_media":766983,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20398],"tags":[18993],"class_list":["post-766971","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-5-things","tag-5-important-things-happening-in-south-africa-today"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/766971","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\/101"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=766971"}],"version-history":[{"count":2,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/766971\/revisions"}],"predecessor-version":[{"id":766987,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/766971\/revisions\/766987"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/766983"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=766971"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=766971"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=766971"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}