South African President Cyril Ramaphosa's fate was hanging in the balance on Monday as the executive committee of the governing party discussed allegations he may have committed misconduct and violated the oath of office.
The inquiry relates to findings that large sums of foreign currency were hidden at Ramaphosa's private game farm and he failed to report the money missing when it was stolen in 2020.
"By lunchtime, depending on where we'll be on the programme, we will bring the treasurer general to come and do a doorstop with yourselves," ANC spokesman Pule Mabe told reporters. Having received firm backing from his allies within the party, Ramaphosa has vowed to fight on, with his spokesman saying the allegations against himInvestors fear uncertainty and that any other president could slow down or reverse economic reforms and increase government spending and take on more debt at levels they deem unsustainable.
South Africa’s main opposition liberal Democratic Alliance party said it had submitted a motion to dissolve the national assembly and reiterated its call for an early election.
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South Africa's Ramaphosa says ANC executive to decide his fateSouth African President Cyril Ramaphosa said on Sunday it was up to the governing party's national executive to decide his future in the face of allegations of misconduct against him, a day after his spokesman said he would not resign.
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South Africa's Ramaphosa will not stand down as head of ANC partyDespite findings in a report that said Cyril Ramaphosa violated his oath of office, the South Africa president refuses to resign as the head of the ruling African National Congress, according to his office.
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