Traders couldn’t be happier to see the end of President Jacob Zuma’s nine years in power. The 75-year-old leader had driven Wall Street to wit’s end in recent years amid ratings downgrades, declining growth and a string of scandals
Browsing: Cyril Ramaphosa
President Jacob Zuma resigned on Wednesday night, bringing an end to his scandal-marred tenure and leaving the nation’s leadership in the hands of the ANC’s new leader, Cyril Ramaphosa. “The ANC should never be
The noose tightened on South African President Jacob Zuma on Wednesday as the police went after key allies while leaders of the ANC vowed to force him from office. Police raided the Johannesburg home of the Gupta family
The ANC has decided to tell President Jacob Zuma to step down after he refused the top party leadership’s request for him to resign voluntarily, according to five people familiar with the matter. The party’s national executive
President Jacob Zuma’s fate is set to be sealed when the top leadership of the ANC meets to conclude the transition to a new administration. The national executive committee will assemble on Monday in Pretoria as Zuma
President Jacob Zuma appeared a step closer to resigning after the ANC delayed an emergency meeting to discuss whether to force him from office. The decision by the national executive committee, the ANC’s top
President Jacob Zuma is in a head-to-head struggle with the top leaders of his own party after he defied their call to step down. Zuma, 75, refused to resign following an appeal by Cyril Ramaphosa, who replaced him as
The new leaders of Eskom vowed on Tuesday to resolve governance problems as they outlined “significant” financial difficulties at the at the state-owned power utility. Lenders who had stopped taking Eskom’s calls because of
Deputy President Cyril Ramaphosa, who is next in line to lead the country, said the government currently can’t afford to build new nuclear power reactors. “We have to look at where the economy is – we have excess power and
Deputy President Cyril Ramaphosa said the authorities are intensifying their attack on pervasive corruption in the state and are having “positive” discussions with investors about the future of the economy. “The wheels of change are