Transitioning From Zuma to Ramaphosa

Transitioning From Zuma to Ramaphosa

Gigaba has been speaking on the sidelines of the World Economic Forum in Davos on Tuesday.

The announcement is a fresh blow to Zuma who has seen his power within the party wane since Cyril Ramaphosa succeeded him as ANC leader at an election last month, putting the deputy president in pole position to become national leader.

Since Ramaphosa won a tightly contested party leadership race in December he has pledged to clean up the image of the ANC and tackle the corruption that has dogged Zuma's tenure, piling pressure on the scandal-plagued president.

His office and the Ministry of Public Enterprises announced sweeping changes to the board and management of struggling state-power utility Eskom Holdings.

However, an ANC spokeswoman declined to comment on reports that its newly-elected National Executive Committee (NEC) had resolved to ask Zuma to resign.

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"It is as if Cyril is confirming that he has taken over the reins", said Susan Booysen, a political science professor at the University of Witwatersrand's School of Governance. "I would say Zuma will be gone in anything between 10 and 30 days maximum".

An open question remains whether Zuma will step aside before February 8 so that Ramaphosa can deliver the annual state-of-the-nation address, it said. He's also vowed to fight the graft that have marred Zuma's administration.

At 1513 GMT, the rand traded at 12.1100 per dollar, 0.49 percent firmer than its NY close on Friday.

"We focussed on education, land, agriculture, reviving the economy and making sure as we move forward we focus on issues of health", he said, reporting on an ANC meeting at the weekend.

"We concurred that long-standing structural challenges continue to weigh on growth in South Africa", Lagarde said in a statement, adding: "We consequently agreed that bold and timely reforms are needed to create an environment conducive to job creation and less inequality".

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