SAfrica's graft-tainted Zuma announces anti-corruption probe

12 January, 2018, 19:33 | Author: Cecil Buchanan
  • FILE President Jacob Zuma addresses delegates at the ANC's 54th national conference at Nasrec on 16 December 2017

South Africa's president said Tuesday he is appointing a commission of inquiry to look into corruption allegations that have led to calls for his ouster and weakened the ruling party, declaring "this matter can not wait any longer". However‚ the confusion arose from the launch of a satellite - also called Zuma - by SpaceX‚ a company owned by South African-born businessman Elon Musk.

Fick said it is unlikely that the ANC would take the bold step of letting Zuma be removed through a parliamentary process should he refuse to adhere to a party process.

Zuma, 75, announced the formation of the commission late Tuesday, two days after he agreed to the probe in a private meeting with Cyril Ramaphosa, the newly appointed leader of the ruling African National Congress, the officials said.

The Constitutional Court had ruled almost two weeks ago that MPs failed to hold Zuma accountable for the millions in public money used to upgrade his personal residence.

Zuma's second term as president ends with general elections in 2019, but analysts have said he is increasingly seen as a political liability to the party once headed by the iconic Nelson Mandela.

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Kenya and South Africa enjoy warm relations. "His hand has been forced", said Mmusi Maimane, leader of the main opposition Democratic Alliance.

Zuma and his cabal of corrupt cronies have wreaked havoc on our country.

The local currency recorded a worst of R14.47 and a best of R12.43 against the dollar in 2017, and is already off to a better start in 2018 as investors have reacted positively to Ramaphosa's appointment, Peregrine said.

The statement is expected to be emphatic on the unity message that Ramaphosa and the Nasrec-elected NEC have been driving for - to bring together factions that had different preferences going into the conference at Nasrec last month.

Zuma was acquitted of rape but is often mocked in newspaper cartoons depicting him with a shower nozzle sprouting from his bald head.

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