{"id":854099,"date":"2026-03-17T08:11:03","date_gmt":"2026-03-17T06:11:03","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=854099"},"modified":"2026-03-17T08:11:03","modified_gmt":"2026-03-17T06:11:03","slug":"bad-news-for-people-wanting-to-go-away-for-easter-and-major-trade-union-calls-out-dawie-roodt","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/5-things\/854099\/bad-news-for-people-wanting-to-go-away-for-easter-and-major-trade-union-calls-out-dawie-roodt\/","title":{"rendered":"Bad news for people wanting to go away for Easter, and major trade union calls out Dawie Roodt"},"content":{"rendered":"\n<p>The rand strengthened on Monday, \u200cas a softer dollar helped offset fading hopes of a near-term interest rate cut by the \u200bUS Federal Reserve due to the \u200belevated energy prices.<\/p>\n\n\n\n<p>The \u2060rand traded at 16.77 against the dollar, \u200bmore than 1% stronger than its previous close. The \u200bgreenback was down 0.4% against a basket of currencies.<\/p>\n\n\n\n<p>Gold prices, a key South African export, were steady on \u200bMonday after recovering from an earlier near \u200b1% drop, supported by a softer dollar.<\/p>\n\n\n\n<p>South Africa&#8217;s benchmark government bond maturing in 2035 strengthened, with its yield declining by 2 basis points to 8.91%. <\/p>\n\n\n\n<p>Later this week, local investors will focus on the February inflation data and January retail sales figures. <\/p>\n\n\n\n<p>A recent survey indicated that South African inflation expectations continued to decline in the first quarter of this year, with the average forecast for inflation over the next five years reaching a record low.<\/p>\n\n\n\n<p>On the Johannesburg \u200cStock \u2060Exchange, the Top-40 index was last up 1.3%.<\/p>\n\n\n\n<p>The rand is currently trading around R16.73 to the dollar, closing higher after a gruelling week. The rand is at R22.23 to the pound and R19.21 to the euro.<\/p>\n\n\n\n<p>In commodities, oil prices are still above $100 a barrel, currently at $103.8, while gold remains above $5,000 at $5,022.66 per ounce.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">5 important things happening in South Africa today<\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2023\/08\/Dawie-Roodt-1-e1769516064329-1024x576.jpg\" alt=\"\" class=\"wp-image-713052\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2023\/08\/Dawie-Roodt-1-e1769516064329-1024x576.jpg 1024w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2023\/08\/Dawie-Roodt-1-e1769516064329-300x169.jpg 300w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2023\/08\/Dawie-Roodt-1-e1769516064329-768x432.jpg 768w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2023\/08\/Dawie-Roodt-1-e1769516064329.jpg 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\"><em>Efficient Group chief economist Dawie Roodt<\/em><\/figcaption><\/figure><\/div>\n\n\n<p><strong>Bad news for people wishing to go away for Easter:\u00a0<\/strong>South Africans planning to travel long distances during the upcoming Easter Weekend should be prepared to spend significantly more on some of the country&#8217;s most popular routes.\u00a0Given the concerning fuel price outlook for next month, motorists planning to travel long distances over the weekend should fill up their tanks by Tuesday, March 31, 2026. [<a href=\"https:\/\/mybroadband.co.za\/news\/motoring\/633515-bad-news-for-people-going-away-over-easter-weekend-in-south-africa.html\">MyBroadband<\/a>]<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>PSA calls out Dawie Rood<\/strong>t: Renowned economist Dawie Roodt delivered a sharp critique of public servants in the country, describing them as a parasitic force that is bankrupting the nation. Roodt argued that the average civil servant earns more than R50,000 per month, which he believes is significantly higher than the value they provide. The Public Servants Association of South Africa (PSA) slated Roodt\u2019s comments, calling them extremely concerning. It said Roodt\u2019s comments demonstrate a lack of understanding of the realities under which public servants perform their duties. [<a href=\"https:\/\/dailyinvestor.com\/south-africa\/124451\/psa-attacks-dawie-roodt-about-true-state-capture-in-south-africa-comments\/\">DailyInvestor<\/a>]<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>Internal sabotage declared in Pretoria:&nbsp;<\/strong>Sifiso Mdakane, the Director-General of Public Works, has raised concerns about incidents of sabotage reported at the department&#8217;s head office. He accused certain individuals of tampering with the electricity and water infrastructure, which has led to outages and disrupted operations at the CGO Building in Pretoria. [<a href=\"https:\/\/www.timeslive.co.za\/politics\/2026-03-17-public-works-dg-decries-internal-sabotage\/\">TimesLive<\/a>]<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>Interest rate freeze in South Africa:\u00a0<\/strong>Surging oil prices triggered by the Middle East conflict are likely to push South African inflation higher and see policymakers keep interest rates unchanged for months, according to Morgan Stanley. [<a href=\"https:\/\/www.moneyweb.co.za\/news\/economy\/morgan-stanley-says-south-africa-to-stay-on-prolonged-rate-hold\/\">Moneyweb<\/a>]<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>Floods blocking entry to<\/strong> <strong>the<\/strong> <strong>Kruger National Park:\u00a0<\/strong>Rising river levels are disrupting access to several camps in northern Kruger National Park, Limpopo, due to ongoing flooding from heavy rainfall. SANParks reports significant increases in the Shingwedzi and Luvuvhu river systems, with more rain expected this week. The area remains particularly vulnerable following heavy rains earlier in 2026 that saturated the river catchments. [<a href=\"https:\/\/www.ewn.co.za\/2026\/03\/17\/rising-water-levers-disrupts-access-to-several-northern-kruger-national-park-camps\">EWN<\/a>]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here are five important things happening in and affecting South Africa on Tuesday, 17 March 2026.<\/p>\n","protected":false},"author":127,"featured_media":792887,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20398],"tags":[18993,16632],"class_list":["post-854099","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-5-things","tag-5-important-things-happening-in-south-africa-today","tag-5-things"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/854099","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\/127"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=854099"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/854099\/revisions"}],"predecessor-version":[{"id":854109,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/854099\/revisions\/854109"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/792887"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=854099"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=854099"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=854099"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}