{"id":793733,"date":"2024-10-04T07:53:02","date_gmt":"2024-10-04T05:53:02","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=793733"},"modified":"2024-10-04T07:53:06","modified_gmt":"2024-10-04T05:53:06","slug":"steinhoff-exec-jailed-and-limpopo-council-dissolved","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/5-things\/793733\/steinhoff-exec-jailed-and-limpopo-council-dissolved\/","title":{"rendered":"Steinhoff exec jailed, and Limpopo council dissolved"},"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>Steinhoff CFO sentenced:<\/strong>&nbsp;Ben la Grange, the former chief financial officer of troubled Steinhoff, has been sentenced to an effective 5 years in prison. This comes after he entered a plea and sentence agreement with the state for one count of fraud amounting to over R367 million. The fraud is related to the manipulation of financial statements and failure to report fraudulent activities. [<a href=\"https:\/\/www.enca.com\/top-stories\/watch-former-steinhoff-cfo-sentenced-5-years-prison\" data-type=\"link\" data-id=\"https:\/\/www.enca.com\/top-stories\/watch-former-steinhoff-cfo-sentenced-5-years-prison\">eNCA<\/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>Hit squad assassination:<\/strong>\u00a0A veteran police officer stands accused of being the mastermind behind a hit squad connected to the assassination of a whistleblower. He now faces additional charges for violating his bail conditions. Authorities are investigating a secret network of influence at the maximum security prison where he was held. [<a href=\"https:\/\/www.news24.com\/news24\/investigations\/whistleblower-hit-squad-secret-cellphones-prison-connections-and-a-fast-food-frenzy-revealed-20241004\" data-type=\"link\" data-id=\"https:\/\/www.news24.com\/news24\/investigations\/whistleblower-hit-squad-secret-cellphones-prison-connections-and-a-fast-food-frenzy-revealed-20241004\">News24<\/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>Emfuleni workers get their due:<\/strong>&nbsp;After more than two weeks without pay, municipal workers in Emfuleni have finally received their salaries. Thousands of workers were left in limbo after Eskom attached the municipality\u2019s bank accounts due to its failure to pay its electricity provision bill. This delayed the payment of the municipal workers&#8217; salaries for September. [<a href=\"https:\/\/www.ewn.co.za\/2024\/10\/03\/emfuleni-workers-finally-receive-sep-salaries-amid-municipality-s-wrangle-with-eskom\" data-type=\"link\" data-id=\"https:\/\/www.ewn.co.za\/2024\/10\/03\/emfuleni-workers-finally-receive-sep-salaries-amid-municipality-s-wrangle-with-eskom\">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>L<strong>impopo Municipal Council dissolved:<\/strong>&nbsp;The National Council of Provinces (NCOP) has approved the decision of the Limpopo Provincial Executive Council to dissolve the Thabazimbi Municipal Council. Parliament&#8217;s Select Committee on Cooperative Governance and Public Administration has determined that the municipality has collapsed and is dysfunctional. [<a href=\"https:\/\/www.sabcnews.com\/sabcnews\/municipal-dissolve-limpopo\/\" data-type=\"link\" data-id=\"https:\/\/www.sabcnews.com\/sabcnews\/municipal-dissolve-limpopo\/\">SABC<\/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;The South African rand fell against a strong dollar on Thursday as tensions continued in the Middle East after Iran&#8217;s missile attack on Israel. On Thursday (4 October), the rand was trading at R17.44 to the dollar, R22.91 to the pound, and R19.24 to the euro. Oil is trading at $77.51 a barrel. [<a href=\"https:\/\/www.reuters.com\/world\/africa\/south-african-rand-softens-against-buoyant-dollar-2024-10-03\/\" data-type=\"link\" data-id=\"https:\/\/www.reuters.com\/world\/africa\/south-african-rand-softens-against-buoyant-dollar-2024-10-03\/\">Reuters<\/a>]<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Here are 5 important things happening in South Africa today (4 October 2024).<\/p>\n","protected":false},"author":115,"featured_media":793738,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20398],"tags":[853],"class_list":["post-793733","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-5-things","tag-south-africa"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/793733","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\/115"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=793733"}],"version-history":[{"count":2,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/793733\/revisions"}],"predecessor-version":[{"id":793741,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/793733\/revisions\/793741"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/793738"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=793733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=793733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=793733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}