A scandal engulfing Cyril Ramaphosa is threatening to take down more than just the South African president. Hanging in the balance are the fate of his party and his government’s reform agenda that was to have kick-started a stagnating economy.
While criticized for their slow pace, they’ve nevertheless included a crackdown on corruption, the liberalization of the broken state power sector and a drive to get significant private investment in infrastructure for the first time. Prior to the release of the panel’s report, Ramaphosa was seen as a shoo-in to win a second term as ANC leader at a party conference due to begin Dec. 16, having secured the vast majority of nominations for the post.
The spectrum needed to modernize South Africa’s telecommunications sector was sold after more than a decade of delays. Several former leaders of state companies, politicians and party officials have been charged with corruptionUnemployment, at 32.9%, is the third highest among 82 countries tracked by Bloomberg; most state companies are struggling to repay their debts and dysfunctional municipalities have left communities with potholed streets and without water and power.
“The ANC is finished,” Mashele said. “The people of South Africa only trusted Ramaphosa among that whole ANC lot.”
So be it. It's not like he's the centre that's holding the country together.
When did MyBroadband become a political news outlet?
yeah, eventually the corruption has to catch up, right? the question now is which clown ends up taking his place 🫤
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