World ANC Is Said to Agree on Zuma Exit as South African President

11:21  20 january  2018
11:21  20 january  2018 Source:   bloomberg.com

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The African National Congress ’s top leadership decided at a meeting late Friday that Zuma , 75, must leave office but didn’t set a deadline for his exit , according to six The ANC leadership wants Zuma out as president before the start of campaigning for next year’s general elections, the officials said .

JOHANNESBURG (BLOOMBERG) - The leadership of South Africa 's ruling party decided that President Jacob Zuma must leave office but didn't set a time-frame for his exit , according to six senior party officials who spoke on condition of anonymity.

Jacob Zuma, South Africa's president, looks on at the 54th national conference of the African National Congress party (ANC) in Johannesburg, South Africa.: South African Parliament to Review Rules Concerning Impeachment © Bloomberg/Bloomberg South African Parliament to Review Rules Concerning Impeachment

(Bloomberg) -- The leadership of South Africa’s ruling party decided that President Jacob Zuma must leave office but didn’t set a time-frame for his exit, according to six senior party officials who spoke on condition of anonymity.

The newly elected top six leaders of the party will manage the transition that will concentrate power in the hands of his deputy, Cyril Ramaphosa, who won control of the African National Congress a month ago, according to the officials, who are members of the ANC’s National Executive Committee, which took the decision at a meeting near Pretoria, the capital, late Friday night.

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(Bloomberg) – The initiative of South Africa ’s decision party chose that President Jacob Zuma must leave office however didn’t set a time span for his exit Zuma , whose outrage ridden organization has hosed financial specialist trust in the South African economy and voter bolster for the ANC , could be

The African National Congress ’s top leadership decided at a meeting late Friday that Zuma , 75, must leave office but didn’t set a deadline for his exit , according to six The ANC leadership wants Zuma out as president before the start of campaigning for next year’s general elections, the officials said .

Zuma, whose scandal-ridden administration has dampened investor confidence in the South African economy and voter support for the ANC, could be removed in the next two weeks, enabling Ramaphosa to deliver the annual state-of the-nation address on Feb. 8, two of the officials said. The ANC leadership wants Zuma out as president before the start of campaigning for next year’s general elections, they said.

“The NEC agreed that the ANC must act decisively and with determination to rebuild the bond of trust between our people and the movement, restore the dignity of our movement, and reclaim the moral legitimacy of our movement,” the party said in a statement Saturday.

Further Talks

Ramaphosa and other party officials “will continue their engagement with President Jacob Zuma to ensure effective coordination between the ANC and the government,” it said, without confirming Zuma will step down.

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The leadership of South Africa ’s ruling party decided that President Jacob Zuma must leave office but didn’t set a time-frame for his exit , according to six Zuma , whose scandal-ridden administration has dampened investor confidence in the South African economy and voter support for the ANC , could

The leadership of South Africa ’s ruling party ANC decided that President Jacob Zuma must leave office but didn’t set a time-frame for his exit , according to senior party officials. South African president Jacob Zuma . Photo: Reuters.

ANC spokesman Zizi Kodwa didn’t immediately respond to requests for comment.

Zuma’s departure would enable Ramaphosa, 65, to take over as the nation’s president and try to convince voters that he’s committed to meeting his pledges to rebuild the battered economy and clamp down on the graft that’s become synonymous with the Zuma era.

Ramaphosa’s Control

There was further evidence of Ramaphosa cementing control over the ANC at Friday’s meeting, with his allies securing most seats on the party 26-member National Working Committee that oversees its running on a the day-to-day basis.

The NEC also decided to suspend the ANC’s provincial executive committees in the KwaZulu-Natal and Free State provinces, which were closely aligned to Zuma and were declared by the courts to have not been properly elected. Interim structures will run the party there until a new vote can be held.

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President Jacob Zuma says he'll respond tomorrow to an exit order by the leaders of South If Zuma agrees to step down, then Deputy President Cyril Ramaphosa will likely become president . Citing unidentified ANC sources, South African media say Zuma has asked for state security for his

Ramaphosa elected as South African president . The ANC said parliament could elect another president as soon as Thursday if Mr. Zuma agrees to step down. Mr Zuma said he stepped down to avoid violence and further division within the ANC .

Ramaphosa, a lawyer and one of the wealthiest black South Africans, is widely expected to adopt more business-friendly policies and his election as ANC leader helped boost the rand 11 percent last month, the most among the world’s major currencies. He’s leading South Africa’s delegation to the World Economic Forum gathering in Davos next week.

Zuma’s second and final term was due to end around mid-2019. He survived two previous bids to topple him at NEC since November 2016, but the balance of power in the panel shifted after the elective conference in December.

(Updates with Ramaphosa cementing control over the ANC in first paragraph below Ramaphosa’s Control subheadline.)

To contact the reporters on this story: Sam Mkokeli in Johannesburg at mmkokeli@bloomberg.net, Paul Vecchiatto in Cape Town at pvecchiatto@bloomberg.net.

To contact the editors responsible for this story: Karl Maier at kmaier2@bloomberg.net, Mike Cohen, Karl Maier

©2018 Bloomberg L.P.

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