'Jacob Zuma is prepared to fight; despite losing the moral and legal argument'

We’ve seen how a divided ANC undermines the programme of redressing the past.

Lumkile Mondi

All indications are that President Jacob Zuma, and those who support him, are prepared to fight, despite losing the moral and legal argument.

Somadoda Fikeni

The President might be so bitter that he’ll punish all those he sees as opponents while rewarding those who supported him. He may also use state agencies to pursue his opponents.

Somadoda Fikeni

African National Congress (ANC) National Executive Committee (NEC) members have now been asked to state whether or not they want President Jacob Zuma to step down.

According to EWN reporter Clement Manyathela, 34 members have said the President should step down, 30 members are in favour of Zuma staying in office and 14 have yet to speak out.

It is believed that three members of the NEC, Finance Minister Pravin Gordhan, Human Settlements Minister Lindiwe Sisulu and Trade and Industry Minister Rob Davies, have left the meeting.

The NEC meeting follows Tourism Minister Derek Hanekom's motion of no-confidence against Zuma.

The Money Show’s Bruce Whitfield interviewed Lumkile Mondi (Senior Lecturer at School of Economics and Business Science of the University of the Witwatersrand) and political analyst Somadoda Fikeni (Unisa).

Mondi and Fikeni discussed the ANC NEC debate on Zuma’s fate.

Listen to the audio below for the analysis (and/or scroll down for more quotes from it).

Ratings agencies are positive about the medium-term outlook for South Africa. However, the rumblings in the ruling party seem to be raising a lot of doubts. There’s huge political risks in South Africa.

Lumkile Mondi

The situation may get worse before it gets better.

Somadoda Fikeni

This has weakened him significantly.

Somadoda Fikeni

The ANC has always been ready to replace Jacob Zuma.

Somadoda Fikeni

Click here (then“like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter

Article brought to us by Old Mutual.

Read More
Starbucks – try as they might – just can’t get this Afrikaans guy’s name right

Starbucks – try as they might – just can’t get this Afrikaans guy’s name right

Eben du Toit is “trending” on the US version of Huffington Post. Why? Because Starbucks can’t get his name right.

Already submitted your tax return? Sorry, you may have to do it again…

Already submitted your tax return? Sorry, you may have to do it again…

Sars is experiencing technical issues. Have a medical aid, retirement fund or travel allowance? You may want to check this out…

Location! Location! Location! What makes a business's space work (or fail)...

Location! Location! Location! What makes a business's space work (or fail)...

Bruce Whitfield interviews Aurik Business Accelerator founder Pavlo Phitidis for his weekly small business feature.

Super-saver Julia is human after all! She's struggling to keep it up...

Super-saver Julia is human after all! She's struggling to keep it up...

Bruce Whitfield interviews super-saver Julia and her advisor Warren Ingram. Is she keeping it up? Because life (and kids!) happen…

ANC NEC members debate Zuma stepping down

ANC NEC members debate Zuma stepping down

About 80 members of the ANC NEC are locked in a meeting stating their case whether President Jacob Zuma should be recalled.

Here’s what may happen when Zuma goes (by political analyst Ralph Mathekga)

Here’s what may happen when Zuma goes (by political analyst Ralph Mathekga)

What impact will his departure have on South Africa and the ANC? Can we fix the damage — and how do we do that?

Popular articles
Home Affairs to follow up on special dispensation permit for Zimbabweans in SA

Home Affairs to follow up on special dispensation permit for Zimbabweans in SA

Home Affairs Minister Hlengiwe Mkhize says her department will respond to all Zimbabweans under special dispensation.

No escaping the tax man even if you work outside SA

No escaping the tax man even if you work outside SA

Government is intending to change the way foreign income is taxed by introducing taxes to a large South African diaspora.

Earn peanuts? How to best invest very small amounts...

Earn peanuts? How to best invest very small amounts...

Got a spare R200 or R300 a month? Here’s how to make that money work hard and grow…

Meet the founder of Capitec Bank, named ‘Best Bank on Earth and Cheapest in SA’

Meet the founder of Capitec Bank, named ‘Best Bank on Earth and Cheapest in SA’

Michiel le Roux speaks about the fascinating story behind the little bank that has the Big 4 shaking in their boots.

5 most important years in anyone’s life (when it comes to investing)

5 most important years in anyone’s life (when it comes to investing)

How old are you? Financial advisor Warren Ingram discusses the five most important ages in anyone’s investment career.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?