Ramaphosa to outline anti-corruption plans in SONA

Lucy Bush
February 17, 2018

"There are several events to watch going forward", says Adam Cole, head of FX strategy at RBC Capital Markets.

Ramaphosa "represents the struggle of remainees", said political analyst Somadodo Fikeni, using the South African term to describe African National Congress veterans who were neither exiled, such as former President Thabo Mbeki, nor sentenced to prison on Robben Island, like the late Nelson Mandela. We need to know what goes on in our country and the president is saying. Eight people, including a member of the Gupta family, have already been arrested as part of an investigation into alleged corruption involving the Guptas, who deny any wrongdoing. It was as rare a display of cross-party support as we've seen for many years.

After he was sworn in as new president, Ramaphosa promised not to disappoint the people of South Africa and vowed that his administration would always put the country first.

As union leader, he led "hard debates" with mining executives that led to "violent strikes", said Ray Hartley, author of the new biography Ramaphosa, The Man Who Would Be King.

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He said he would also be establishing a Presidential Economic Advisory Council to help find solutions to revive the economy.

Speaking to Inside Education on Friday, Professor Ruksana Osman said that Ramaphosa will have to address the "overall functionality" of the education system to ensure that all children have access to a good quality education.

It was only previous year - when it was clear Ramaphosa would not secure Zuma's support to succeed him in the party and in the government - that Ramaphosa began publicly distancing himself from Zuma. The sector also accounts for 25 percent of exports in Africa's most industrialised economy.

Moody's put South Africa on review for downgrade in November previous year and is due to determine whether it will withdraw South Africa's investment grade credit rating in March, citing similar concerns to those of S&P.

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The book told of one of his passions: his love for a Ugandan breed of royal cattle that he imported to South Africa at great expense.

The ANC leadership had on Tuesday advised Zuma to step down from office or risk being impeached by the parliament.

FILE: Ramaphosa is congratulated by members of opposition parties.

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