Published: Thu, February 15, 2018
People | By Leon Thompson

South African President Jacob Zuma resigns, makes announcement in TV address

South African President Jacob Zuma resigns, makes announcement in TV address

The opposition instead unsuccessfully called for the dissolution of the National Assembly and early elections.

Mbeki did not contest the order and Zuma became president after elections the following year. For years, members of the party - including Duarte - vociferously defended him in the face of criticism and against eight no-confidence votes in parliament. "We can no longer keep South Africa waiting", said Paul Mashatile, the ANC's treasurer general.

Julius Malema, leader of the Economic Freedom Fighters party, said Thursday that lawmakers from the African National Congress had failed to hold former leader Jacob Zuma to account for alleged corruption and had therefore violated the constitution.

Having taken the hard decision to recall Comrade Jacob Zuma, the African National Congress nonetheless wants to salute the outstanding contribution he has made and express its profound gratitude to him for the role he has played in the African National Congress spanning over sixty years of loyal service.

Speaker of parliament Baleke Mbete said an official letter of resignation from Zuma was "still on its way".

Zuma, a Zulu traditionalist with four wives and a proud singing voice, had been scheduled to stand down next year after serving the maximum two terms.

Ruling party leaders outlined a speedy timetable, with Ramaphosa set to be elected in parliament to succeed Zuma in time to deliver the delayed state of the nation address on Friday evening.

Ramaphosa has promised to fight corruption and authorities are stepping up investigations of alleged corruption by associates of Zuma.

"South Africa's long nightmare is over", read the headline of an analysis on online news site Daily Maverick.

A smaller opposition party, the Economic Freedom Fighters, has made a similar statement.

The same A.N.C. lawmakers, who had until a couple of months ago always offered a full-throated defense of Mr. Zuma's conduct in a series of scandals, would have been forced to proffer reasons to remove him in Parliament - exposing the party to charges of hypocrisy and expediency, and casting doubt on Mr. Ramaphosa's pledge to reform it.

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Financial Services Secretary Rajiv Kumar said this seems to be an isolated case and is not going to impact other lenders. In 2011, when a letter of undertaking (LoU) was opened at the Fountain branch of PNB in Mumbai by the alleged fraudster.

A senior judicial source said police expected to arrest up to seven more people and that Gupta family members would be among them.

The police ministry says police are seeking another five suspects in a probe of a dairy project in which state funds earmarked for local farmers allegedly were siphoned off to a company tied to the Gupta family.

But he leaves office with several scandals hanging over him, and with South Africa's economy in dire straits.

Police raided the Gupta home in an affluent Johannesburg neighborhood early Wednesday. Zuma resigned as president late Wednesday following years of corruption scandals.

But those allegations are threatening to be resurrected in court, and make a quiet retirement unlikely for Zuma: He could face numerous corruption investigations, including a pending case that includes 783 charges of corruption. Zuma has denied wrongdoing.

The country's new president will be sworn in after the parliament vote and is then expected to address the chamber.

Mr. Magashule said the corruption accusations against the president had played no role, saying, "We did not take these decisions because Comrade Jacob Zuma has done anything wrong".

"The office of the chief justice has made itself available today to officiate in the business of electing a new president", Mthembu told a parliamentary committee meeting.

Zuma announced his resignation late Wednesday after the ruling African National Congress ordered him to step down.

"It would be gratifying to see the dedication and objective the ANC put into ridding itself of Zuma now be directed into rebuilding the economy, dealing with the corruption still residing in the ANC and improving its shoddy governance record". This is the ANC you have been part of for years. Ahead of 2019 elections, Ramaphosa also has the tough task of rebuilding a ruling party whose moral stature has diminished since it took power at the end of white minority rule in 1994.

Mr Zuma resigned in a televised speech late on Wednesday after the ANC, which has lost popularity because of corruption scandals during his tenure, instructed him to leave or face a parliamentary motion of no confidence that he would nearly certainly lose.

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