By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
CapitalatorCapitalator
Notification Show More
Latest News
The Greatest? ‘Monster’ Djokovic May Have Settled The Debate
January 30, 2023
Want to Profit From the Energy Stock Bull Run? Buy This Dividend Giant
January 30, 2023
ioneer’s Lithium Project Is Promising But Shares Are Fully Valued (OTCMKTS:GSCCF)
January 30, 2023
13 ‘Too Early’ For Social Media; Tips For Guiding Kids On The Platforms
January 30, 2023
Apple: Questionable Positioning On Future Tech (NASDAQ:AAPL)
January 30, 2023
Aa
  • NewsLive
  • Business
  • Politics
  • Investing
  • Finance
  • Companies
  • Markets
  • Crypto
  • Careers
  • Climate
  • Life
  • Tech
  • Videos
Reading: Scandal-hit S. African President Ramaphosa Seeks To Hang On To Power
Share
CapitalatorCapitalator
Aa
  • News
  • Business
  • Politics
  • Markets
  • Crypto
  • Companies
  • Finance
  • Investing
  • Careers
  • Climate
  • Lifestyle
  • Tech
  • Videos
Search
  • Categories
  • Bookmarks
    • Customize Interests
    • My Bookmarks
  • More Foxiz
    • Blog Index
    • Sitemap
Have an existing account? Sign In
Follow US
Capitalator > Companies > Scandal-hit S. African President Ramaphosa Seeks To Hang On To Power
Companies

Scandal-hit S. African President Ramaphosa Seeks To Hang On To Power

Alexander Müller
Alexander Müller December 3, 2022
Updated 2022/12/03 at 5:00 PM
Share
SHARE
South Africa’s President Cyril Ramaphosa has denied any wrongdoing

South Africa’s President Cyril Ramaphosa, embroiled in scandal and under threat of impeachment, has no intention of resigning and will fight both politically and judicially, people close to him said Saturday.

Pressure mounted this week for Ramaphosa to quit or be forced from office over the burglary of more than half a million dollars in cash from his farm, which he allegedly covered up.

The African National Congress (ANC) initially said on Saturday morning it would hold a “special session of its National Executive Committee” on Sunday. It then said the meeting had been postponed to Monday morning.

The party leadership met briefly in Johannesburg on Friday before telling journalists it would look more closely at the facts of the case against the president.

Ramaphosa supporters were rallying to his cause.

Justice Minister Ronald Lamola was in no doubt that Ramaphosa would remain in office.

“He will definitely continue,” Lamola told public broadcaster SABC.

Ramaphosa spokesman Vincent Magwenya said the president was “seriously considering” challenging in court a report submitted to parliament this week over the burglary.

On Wednesday, a three-member parliamentary panel, including a former chief justice of the country’s highest court, said that Mr Ramaphosa “may have committed” acts contrary to the law and the constitution, paving the way for impeachment proceedings.

Magwenya told AFP: “It may be in the long-term interest… of our constitutional democracy, well beyond the Ramaphosa presidency, that such a clearly flawed report is challenged, especially when it’s being used as point of reference to remove a sitting head of state.”

Even the head of the South African Anglican Church warned that, if Ramaphosa resigns, the country would be in danger of falling “into anarchy”.

Ramaphosa has been under fire since June, when a former spy boss filed a complaint with the police alleging that the president had hidden a February 2020 burglary at his farm in northeastern South Africa from the authorities.

He allegedly organised for the robbers to be kidnapped and bribed into silence.

Ramaphosa said the vast sum of cash stashed at the farm was payment for buffaloes bought by a Sudanese businessman.

But the incriminating report questioned why the identity of Mustafa Mohamed Ibrahim Hazim, said to have bought the cattle, could not be verified, and why the buffaloes remained on Ramaphosa’s Phala Phala estate, a two-hour drive from Pretoria.

“There are serious doubts as to whether the stolen foreign currency actually came from their sale,” the report concluded.

The scandal has cast a shadow over Ramaphosa’s bid to portray himself as graft-free after the corruption-stained era of his predecessor, Jacob Zuma.

The report concluded Ramaphosa “may have committed” serious violations and misconduct.

It will be examined by parliament on Tuesday.

That debate could open the way to a vote on impeaching Ramaphosa — a term that in South Africa means removal from office.

Ramaphosa has denied any wrongdoing.

The president has not been charged with anything at this point, and the police inquiry is ongoing.

But the scandal, complete with details of the more than half a million dollars in cash being hidden under sofa cushions, has come at the worst possible moment for him.

The South African press remained confident on Saturday that Ramaphosa would remain in office. The president is popular with the public — more so than the ANC.

But the party of national hero Nelson Mandela, in power for 28 years since the end of the apartheid-era, is experiencing dwindling support.

On December 16, Ramaphosa contests elections for the ANC presidency — a position that also holds the key to staying on as national president.

He took office at the helm of Africa’s most industrialised economy in 2018, vowing to root out corruption from state institutions.

Alexander Müller December 3, 2022
Share this Article
Facebook TwitterEmail Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

You Might Also Like

Companies

The Greatest? ‘Monster’ Djokovic May Have Settled The Debate

January 30, 2023
Companies

13 ‘Too Early’ For Social Media; Tips For Guiding Kids On The Platforms

January 30, 2023
Companies

Sunak’s NHS crisis plan to provide more ambulances, hospital beds and care at home

January 30, 2023
Companies

Shiba Inu Lead Developer Gives Latest Shibarium Update; Drops Interesting Revelation About Community

January 30, 2023

Capitalator

  • Business
  • Careers
  • Climate
  • Crypto
  • Finance
  • Investing
  • Markets
  • Technology

© 2022 Capitalator. All Rights Reserved.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?