![\"\"](\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/08\/Cape-Town-3.jpg\")
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Billions in pensions down the drain:<\/strong> The Government Employees Pension Fund reported R3.6 billion in investment write-offs for bad investments in the 2024\/25 financial year. Despite this, the fund, the largest in the country at R2.69 trillion, saw its investment portfolio grow by 13.1%. Net profit surged 89% to R512 million. [News24<\/a><\/strong><\/strong>]<\/p>\n\n\n\n Cape Town’s property problem: <\/strong>Cape Town faces a severe rental shortage, with prices beyond the reach of the average South African. The median household income is just over R14,000 per month, making homeownership unaffordable. Contributing factors include population growth outpacing new housing, foreign buyers outbidding locals, and the \u201cAirbnb effect,\u201d which further reduces long-term rental availability. [Moneyweb<\/a><\/strong>]<\/p>\n\n\n\n Say goodbye to spam calls:<\/strong>\u00a0South Africa’s national opt-out registry for unwanted marketing calls is advancing, as proposed by Minister Parks Tau in December 2024, to help South Africans frustrated by unsolicited marketing calls. The National Consumer Commission will oversee the registry, helping to manage direct marketers effectively. [MyBroadband<\/a><\/strong>]<\/p>\n\n\n\n Former Minister charged with corruption:<\/strong> Former Public Enterprises, Finance, and Home Affairs Minister and current co-chair of Parliament\u2019s Joint Standing Committee on Defence, Dr Malusi Gigaba, has been formally charged with corruption. [Newsday<\/a><\/strong>]<\/p>\n\n\n\n South Africa hunting for investments:<\/strong>\u00a0The government is developing an economic diplomacy strategy to boost investment flows, expand regional value chains, and safeguard the domestic economy against geopolitical volatility. Minister of International Relations & Co-operation Ronald Lamola stated that the strategy focuses on attracting investment and growing sectors like critical minerals and manufacturing. [Business Day<\/a><\/strong>]<\/p>\n","protected":false},"excerpt":{"rendered":" Here are 5 important things happening in South Africa today, Wednesday, 19 November 2025.<\/p>\n","protected":false},"author":92,"featured_media":826181,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20398],"tags":[18993,853],"class_list":["post-843717","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-5-things","tag-5-important-things-happening-in-south-africa-today","tag-south-africa"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/843717","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\/92"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=843717"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/843717\/revisions"}],"predecessor-version":[{"id":843727,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/843717\/revisions\/843727"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/826181"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=843717"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=843717"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=843717"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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