- Expert Opinion: Trump 2.0 Impact on Emerging Markets?
- Leveraging Digital Marketing to Boost Financial Sector Growth in Africa
- AFSIC Super Early Bird Rate Open - Save up to £1,440pp by Registering Now
- Countdown to Trump inauguration – what next for equities, interest rates oil, gold and bonds
- Nigeria: 2025 Economic Outlook - Pressure to Plateau
South Africa ANC Leaders Break Ranks on Succession, M&G Says
JOHANNESBURG (Capital Markets in Africa) — Provincial office bearers in South Africa’s ruling party are in disagreement over who should take over as leaders of the African National Congress, the Mail & Guardian reported, citing party members.
Free State province Deputy Chairman Thabo Manyoni says party Deputy President Cyril Ramaphosa should succeed Jacob Zuma, in line with party tradition, the Johannesburg-based newspaper reported, citing him. Free State Premier Ace Magashule says leaders are elected at party conferences, it said.
KwaZulu-Natal Provincial Secretary Sihle Zikalala is said to support party Treasurer-General Zweli Mkhize for the top position, while others in the province including the Youth League support Nkosazana Dlamini-Zuma, Jacob Zuma’s ex-wife and the outgoing chairwoman of the African Union Commission, the newspaper reported. A third group in the province led by its former premier, Senzo Mchunu, supports Ramaphosa, the M&G said.
Limpopo ANC Chairman Stan Mathabatha prefers Ramaphosa while the party’s secretary in the province, Knocks Seabi, is aligned with those supporting Dlamini-Zuma, the newspaper reported.