Gift an article

Business worried Ramaphosa turmoil could spark 'constitutional crisis' in SA

accreditation
Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
loading...
Loading, please wait...
0:00
play article
Subscribers can listen to this article
President Cyril Ramaphosa.
President Cyril Ramaphosa.
File

With SA on a knife-edge as the ANC leadership deliberates on President Cyril Ramaphosa’s future, organised business is concerned about the crisis that may arise out of the instability in the governing party, as well as the broader implications for confidence in the economy and country.

News24 reported on Thursday that Ramaphosa had lost the political support of the ANC and was "very likely" to announce his resignation as head of state.

This follows a damning report by an independent panel led by former chief justice Sandile Ngobo on matters relating to the theft of $580 000 from Ramaphosa’s game farm in Limpopo. According to the panel, the president quite possibly contravened anti-corruption laws, violated the Constitution, abused his power and was party to deliberately concealing an investigation. The panel had been appointed by Speaker Nosiviwe Mapisa-Nqakula.

Read this for free
Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
Try FREE for 14 days
Already a subscriber? Sign in
Rand - Dollar
17.47
-2.2%
Rand - Pound
21.05
-0.0%
Rand - Euro
18.91
-0.0%
Rand - Aus dollar
12.09
-0.0%
Rand - Yen
0.13
-0.0%
Platinum
974.02
0.0%
Palladium
1,623.95
0.0%
Gold
1,865.16
0.0%
Silver
22.35
0.0%
Brent Crude
79.94
-2.8%
Top 40
74,082
+0.6%
All Share
80,241
+0.6%
Resource 10
75,186
+0.7%
Industrial 25
103,461
+0.8%
Financial 15
16,550
0.0%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders