Ramaphosa latest News

2022 - 12 - 19

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Image courtesy of "Business Day"

BREAKING: Cyril Ramaphosa triumphs (Business Day)

In an overwhelming vote of confidence in his reform agenda, President Cyril Ramaphosa was re-elected ANC leader during a highly contested internal party ...

Against other hard currencies it had strengthened 0.91% to R21.08/£ and 1.28% to R18.36/€. The JSE all share was little moved but the banking index was up 2.8%. His re-election bodes well for the struggling economy and financial markets as economic pundits warned in the build-up to the five-day elective conference that the economy risked collapsing if Ramaphosa were to lose the election to the radical economic transformation (RET) faction of the party. Prior to the announcement, the rand had firmed about 0.5% to the dollar. Once it was confirmed that Ramaphosa would indeed serve a second term as ANC president, the rand extended its gain to 1.8%, to R17.22/$. A clear gap has emerged for finance’s role in the transition to a low carbon economy

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Image courtesy of "BBC News"

ANC conference: South Africa's President Cyril Ramaphosa defies ... (BBC News)

Mr Ramaphosa won despite being dogged by allegations of money laundering, and a last-minute surge in support for Mr Mkhize, who has also been accused of ...

But opinion polls suggest that its vote has shrunk considerably because of widespread corruption in government, high unemployment and poor public services - including constant power cuts. But no leader from KwaZulu-Natal, the political heartland of Mr Zuma, was elected to any of the ANC's top seven posts, in the latest sign of his and the region's declining influence in the party. Mr Mashatile is now the front-runner to become South Africa's deputy president, and president in the event Mr Ramaphosa is forced out of power.

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Image courtesy of "Aljazeera.com"

South Africa's Ramaphosa re-elected as leader of ruling ANC party (Aljazeera.com)

Ramaphosa and the newly elected ANC leadership have many challenges to address as South Africa experiences crippling power cuts of more than seven hours a day, ...

Now it is a second chance for him to deal with the issues facing South Africans and to unify the African National Congress.” Former President Jacob Zuma leads nearly half of the party that is opposed to Ramaphosa and his anti-corruption drive. “This win is not only for the ANC perspective or a faction. He faced a rival in the party election whose own reputation has been tarnished. The vote is a welcome victory for Ramaphosa. He promised that his government would ensure an adequate supply of electricity by purchasing more renewable energy over the next few years.

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Image courtesy of "New Zimbabwe.com"

Ramaphosa Rebounds from cash-in-sofa Scandal, wins ANC ... (New Zimbabwe.com)

NewZimbabwe.com – The Zimbabwe News You Trust is Zimbabwe's leading online newspaper and published by New Zimbabwe Media Ltd. The platform brings you the ...

The spectrum needed to modernize the nation’s telecommunications industry was sold after more than a decade of delays. A second five-year term for Ramaphosa at the helm of the African National Congress should reassure investors that his administration will continue with reforms to revive the stuttering economy. Paul Mashatile, previously the ANC’s treasurer-general, easily won the deputy leader post, Gwede Mantashe was narrowly reelected as its chairman and Transport Minister Fikile Mbalula was chosen as secretary-general.

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