Tuesday, 21 August, 2018

President Jacob Zuma 'agrees to go'

Rand pares losses as focus remains on Zuma's fate Zuma chairing 'scheduled' Cabinet meeting amid Sona postponement speculation
Andrew Cummings | 08 February, 2018, 12:23

The ANC had planned to dump President Jacob Zuma as the head of state after Wednesday night's now-cancelled national executive committee meeting.

At 0645 GMT, the rand traded at 12.0450 per dollar, not far off its NY close of 12.0650 on Wednesday.

"This will enable President Zuma and myself to conclude our discussions and report back to our organisation and the country in the coming days", Ramaphosa said in a statement on Wednesday that is regarded by many political analysts as not clear.

In fixed income, the yield for the benchmark government bond due in 2026 was up 3.5 basis points to 8.435 percent.

Julius Malema, leader of the radical opposition Economic Freedom Fighters party which has been at the forefront of disrupting Mr Zuma's previous state-of-the-nation addresses, said in a tweet that "the postponement.is a declaration of a crisis, the masses must take over now".

Meanwhile, there is no need for South Africans to be anxious over the fate of President Jacob Zuma, ANC secretary-general Ace Magashule said.

The Nelson Mandela Foundation, which promotes the legacy of South Africa's anti-apartheid icon, has called for Mr Zuma to go as he had "demonstrated that he is not fit to govern".

Matt Patricia not trying to be Bill Belichick in Detroit
Offensively, Patricia and the Lions are sticking with Jim Bob Cooter as their coordinator. The dates and times of the games in 2018 have not yet been announced .

Koeman confirmed as the new Netherlands head coach
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Huawei Mate 10 Pro Pink Gold Arriving in Malaysia on 8 February
However, if you pre-order the device now from any of the above listed online retailers, you would get a gift card worth $150. Supply of this model is scarce in China, where consumers must pay 1,000 yuan or more on top of its 8,999 yuan list price.

But Zuma loyalists have said that the serving president should complete his second and final term in office, which would end when elections are held next year.

"Unfortunately, the longer it drags on, then we can say to Ramaphosa; 'you've pulled the trigger, surely you had a plan for how this was going to turn out'".

In recent years his links to the wealthy India-born Gupta family, who are alleged to have influenced the government through their relationship with Zuma, have caused his popularity to plummet.

As a result of his stance, the ruling party's NEC looked to have little choice but to officially recall him from office, which would have been a major embarrassment for a man who devoted his life to the former liberation movement.

Zuma's presidency has been overshadowed by allegations of corruption.

The disputed announcements Tuesday illustrate the uncertainty in South Africa, where Zuma faces pressure to resign over alleged corruption.

Both Zuma and the Guptas deny the allegations.

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