South African stocks gained the most since June 2016 after President Jacob Zuma resigned in a late-night address to the nation. Banks rallied to a record amid optimism his likely successor, Cyril Ramaphosa, will improve management of the economy.
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South Africa’s embattled President Jacob Zuma has resigned his office with immediate effect. He made the announcement in a televised address to the nation on Wednesday evening. This breaking news story is being updated and more details will be published shortly.
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At least two things were evident from President Jacob Zuma’s unscheduled SABC TV appearance on Wednesday afternoon. One is that President Jacob Zuma, who has never been afraid of invoking the spectre of political conspiracy against him, believes that he is a victim; a martyr; a …
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South Africa’s parliament will hold a vote of no confidence in President Jacob Zuma on Thursday, the governing ANC party said on Wednesday. “We will possibly elect a new president on Thursday … if not Friday,” ANC treasurer general Paul Mashatile told journalists, assuming scandal-hit Zuma will...
South Africa’s ruling ANC party on Tuesday “recalled” scandal-tainted President Jacob Zuma from office but set no deadline for him to step down, pitching the country into further uncertainty. Jacob Zuma ANC secretary-general Ace Magashule told reporters that Zuma had “agreed in principle to...
President Zuma’s time in office has been overshadowed by corruption allegations South Africa’s ruling African National Congress (ANC) will formally ask for President Jacob Zuma to resign after he refused to do so earlier, reports say. The reported decision to “recall” him followed …
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South Africa’s political impasse deepened on Saturday with no resolution to extended talks over President Jacob Zuma’s expected departure from office after his own party called for him to resign.
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Jacob Zuma, SA President Embattled President Jacob Zuma of South Africa has told leaders of his party, the African National Congress (ANC), that he will not resign despite pressures on him to do so. Former ANC youth leader turned founder of the opposition Economic Freedom Fighters, Julius...
South Africa’s parliament has scheduled a motion of no-confidence against President Jacob Zuma for Feb. 22, the parliament’s speaker said on Friday, following a request from the opposition Economic Freedom Fighters (EFF) party. Zuma has survived several no-confidence votes during his...
South Africa’s ruling party, African National Congress formally nominated two candidates on Sunday in a race to succeed President Jacob Zuma as leader of the party.
Deputy President Cyril Ramaphosa and former cabinet minister Nkosazana Dlamini-Zuma were the only candidates nominated for the...
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Zimbabwean President, Robert Mugabe saays he is being confine to his home when the South African President, Jacob Zuma called him on Wednesday.
The embattled Zimbabwe leader said he is fine.
The military has taken control in Zimbabwe after seizing state TV, an army spokesman announced it was...
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Governor Rochas Okorocha of Imo State has accused the Peoples Democratic Party, PDP, of not building the image of the state, as well as looting public treasury.
The accusation comes days after he unveiled a huge statue in hounour of South African President, Jacob Zuma.
The decision has been...
The President of South Africa, Jacob Zuma, Sunday, warned that no Nigerian citizen should be killed in any parts of South Africa.
Zuma was quoted to have made the statement, through a release issued to newsmen in Owerri, by the Chief Press Secretary, to Governor Okorocha, Mr. Sam Onwuemeodo...
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The President of South Africa, Jacob Zuma, Sunday, warned that no Nigerian citizen should be killed in any parts of South Africa.
Zuma was quoted to have made the statement, through a release issued to newsmen in Owerri, by the Chief Press Secretary, to Governor Okorocha, Mr. Sam Onwuemeodo...
Former Aviation Minister, Femi Fani-Kayode, has lambasted the Imo State Governor, Rochas Okorocha, for erecting a statue of South Africa president, Jacob Zuma, in Owerri.
Fani-Kayode tweeted: “Nigerians are murdered by South African security forces every day yet the clown in Imo state builds a...
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South Africa’s President Jacob Zuma was on Friday evening conferred with a chieftaincy title in Owerri, Imo State.
Zuma was given the traditional title of “Ochiagha Imo” by Eze Imo, HRH Samuel Ohiri.
The chieftaincy title certificate was presented to him by former President of Nigeria, Chief...
SA Supreme Court of Appeal has ruled that South Africa's President Jacob Zuma must face charges of corruption, fraud, racketeering and money laundering.
It agreed with a lower court ruling last year that prosecutors could bring back 783 counts of corruption relating to a 1999 arms deal. The...
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South Africa President, Jacob Zuma is expected in Owerri, the capital of Imo State today for a two-day visit.
The president will cover a briefing by Resident Doctors in the Federal Medical Centre, Owerri.
The purpose for President Zuma’s visit was for him to sign a Memorandum of Understanding...
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After South Africa's President, Jacob Zuma reshuffled his cabinet, leading to the sack of his finance Minister, its currency, rand has dropped more than 5% overnight
Zuma fired his Finance Minister Pravin Gordhan, alongside eight other ministers.
Mr Gordhan was seen by many as a bulwark...
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South African president Jacob Zuma sacked his respected finance minister and made 10 new cabinet appointments late on Thursday in a dramatic reshuffle that could split the ruling ANC party.
The move was widely seen as an attempt to control the selection of his successor.
The ruling ANC party...
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