{"id":861316,"date":"2026-05-23T07:20:40","date_gmt":"2026-05-23T05:20:40","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=861316"},"modified":"2026-05-23T07:20:43","modified_gmt":"2026-05-23T05:20:43","slug":"huge-problem-for-south-africans-with-green-id-books-and-plans-to-stop-fake-news","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/5-things\/861316\/huge-problem-for-south-africans-with-green-id-books-and-plans-to-stop-fake-news\/","title":{"rendered":"Huge problem for South Africans with green ID books, and plans to stop fake news"},"content":{"rendered":"\n<p>The rand held largely steady in muted early trade on Friday, as investors held off on large bets ahead of the South African Reserve Bank&#8217;s (SARB) interest rate decision next week.<br><br>The rand traded at 16.47 against the dollar, a whisker away from its previous close.<\/p>\n\n\n\n<p>Market focus is \u200bfirmly on the SARB&#8217;s Monetary Policy Committee meeting scheduled \u200bfor Thursday. Most economists expect a 25-basis-point rate hike, \u2060likely with a split vote.<\/p>\n\n\n\n<p>&#8220;The SARB may hike interest rates \u200bat the upcoming MPC meeting to reduce the likelihood of second-round \u200binflation pressure,&#8221; said Elna Moolman, Standard Bank&#8217;s head of South Africa macroeconomic research.<\/p>\n\n\n\n<p>But Moolman also noted that policymakers could argue that monetary conditions are \u200balready sufficiently tight and look past what is expected \u200bto be a temporary inflation spike.<\/p>\n\n\n\n<p>Data released this week showed inflation&nbsp;accelerated sharply&nbsp;to \u200c4% \u2060in April from 3.1% in March, marking its highest level since August 2024.<\/p>\n\n\n\n<p>Investors will also monitor a series of economic indicators due next week, including the leading business cycle index on Tuesday, producer inflation on Thursday, and figures for money supply, private sector credit, trade balance, and budget balance on Friday.<\/p>\n\n\n\n<p>The \u200bUS dollar was flat against a basket of \u200bcurrencies \u2060after a volatile overnight session on conflicting signals over a potential\u00a0<a href=\"https:\/\/www.reuters.com\/world\/middle-east\/\">U.S.-Iran<\/a>\u00a0peace deal, though investors latched onto hopes of some progress.<\/p>\n\n\n\n<p>On the \u2060Johannesburg \u200bStock Exchange, the Top-40 index&nbsp;(.JTOPI), opens a new tab&nbsp;was \u200bup 0.7%.<\/p>\n\n\n\n<p>South Africa&#8217;s benchmark 2035 government bond was little moved in early deals, \u200bwith the yield at 8.77%.<\/p>\n\n\n\n<p>On Saturday, 23 May, the rand was trading at R16.46 to the dollar, R22.09 to the pound, and R19.11 to the euro. Gold is trading lower at $4,516.75 an ounce, while oil prices were at $104.24 a barrel. [<a href=\"https:\/\/www.reuters.com\/world\/africa\/south-african-rand-largely-steady-traders-await-rate-decision-next-week-2026-05-22\/\">Reuters<\/a>]<\/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\"><a  data-lightbox=\"post-image\" href=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/06\/Khumbudzo-Ntshavheni-1.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/06\/Khumbudzo-Ntshavheni-1-1024x576.jpg\" alt=\"\" class=\"wp-image-827707\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/06\/Khumbudzo-Ntshavheni-1-1024x576.jpg 1024w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/06\/Khumbudzo-Ntshavheni-1-300x169.jpg 300w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/06\/Khumbudzo-Ntshavheni-1-768x432.jpg 768w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/06\/Khumbudzo-Ntshavheni-1.jpg 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><figcaption class=\"wp-element-caption\">Minister in the Presidency Khumbudzo Ntshavheni<\/figcaption><\/figure><\/div>\n\n\n<p><strong>Green ID Book fraud<\/strong>: Impersonation using green ID books has jumped 400% year-on-year in South Africa, according to the South African verification platform VerifyNow. It said that the green ID book is easily forged, non-biometric and held by millions of people in the country. [<a href=\"https:\/\/mybroadband.co.za\/news\/security\/649089-warning-to-people-with-green-id-books-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>South Africa&#8217;s fake news plan<\/strong>: Minister in the Presidency, Khumbudzo Ntshavheni, wants the  Government Communication and Information System (GCIS) to actively fact-check content and debunk deepfakes and tactical misinformation in a bid to counter fake news. [<a href=\"https:\/\/dailyinvestor.com\/south-africa\/135750\/south-africa-wants-to-create-a-ministry-of-truth\/\">Daily Investor<\/a>]<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>South African buying second-hand cars<\/strong>: Local car buyers are more likely to shop in the used-car market due to tariffs imposed by the United States government on South Africa, according to Weelee. The US previously imposed a 25% levy on South African vehicle exports and a broader 30% tariff on goods. [<a href=\"https:\/\/topauto.co.za\/features\/154362\/why-south-africans-are-buying-more-used-cars\/\">TopAuto<\/a>]<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>Gautrain going after Uber and Bolt<\/strong>: The Gautrain plans to introduce a new e-hailing service in October 2026, integrated into its existing mobile app. &#8220;Gau Express&#8221; will allow users to hail Gautrain-branded vehicles to their destinations. [<a href=\"https:\/\/topauto.co.za\/news\/154490\/gautrain-taking-on-bolt-and-uber-in-south-africa\/\">TopAuto<\/a>]<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>Murder stats drop:<\/strong> The latest crime stats show that there were 5,181 murders in South Africa from January to March 2026, averaging close to 60 murders per day. However, this has trended downwards, decreasing nationally by 9.5%. [<a href=\"https:\/\/businesstech.co.za\/news\/lifestyle\/861217\/58-people-murdered-every-day-in-south-africa-these-are-the-deadliest-areas\/\">BusinessTech<\/a>]<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n","protected":false},"excerpt":{"rendered":"<p>Here are five important things happening in and affecting South Africa on Saturday, 23 May 2026.<\/p>\n","protected":false},"author":95,"featured_media":859705,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20398],"tags":[16632],"class_list":["post-861316","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-5-things","tag-5-things"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/861316","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\/95"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=861316"}],"version-history":[{"count":2,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/861316\/revisions"}],"predecessor-version":[{"id":861318,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/861316\/revisions\/861318"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/859705"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=861316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=861316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=861316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}