20°C / 22°C
  • Thu
  • 22°C
  • 9°C
  • Fri
  • 22°C
  • 9°C
  • Sat
  • 21°C
  • 9°C
  • Sun
  • 19°C
  • 7°C
  • Mon
  • 20°C
  • 8°C
  • Tue
  • 20°C
  • 8°C
  • Thu
  • 17°C
  • 12°C
  • Fri
  • 18°C
  • 11°C
  • Sat
  • 19°C
  • 8°C
  • Sun
  • 20°C
  • 10°C
  • Mon
  • 17°C
  • 11°C
  • Tue
  • 16°C
  • 11°C
  • Thu
  • 23°C
  • 10°C
  • Fri
  • 24°C
  • 10°C
  • Sat
  • 23°C
  • 9°C
  • Sun
  • 20°C
  • 8°C
  • Mon
  • 22°C
  • 12°C
  • Tue
  • 23°C
  • 10°C
  • Thu
  • 23°C
  • 6°C
  • Fri
  • 22°C
  • 7°C
  • Sat
  • 22°C
  • 6°C
  • Sun
  • 22°C
  • 6°C
  • Mon
  • 23°C
  • 9°C
  • Tue
  • 23°C
  • 9°C
  • Thu
  • 24°C
  • 16°C
  • Fri
  • 22°C
  • 18°C
  • Sat
  • 21°C
  • 17°C
  • Sun
  • 21°C
  • 16°C
  • Mon
  • 23°C
  • 16°C
  • Tue
  • 22°C
  • 17°C
  • Thu
  • 20°C
  • 13°C
  • Fri
  • 17°C
  • 13°C
  • Sat
  • 17°C
  • 11°C
  • Sun
  • 19°C
  • 11°C
  • Mon
  • 21°C
  • 13°C
  • Tue
  • 17°C
  • 11°C
  • Thu
  • 15°C
  • 12°C
  • Fri
  • 18°C
  • 9°C
  • Sat
  • 18°C
  • 7°C
  • Sun
  • 21°C
  • 11°C
  • Mon
  • 14°C
  • 10°C
  • Tue
  • 14°C
  • 7°C
  • Thu
  • 16°C
  • 12°C
  • Fri
  • 17°C
  • 11°C
  • Sat
  • 16°C
  • 10°C
  • Sun
  • 18°C
  • 13°C
  • Mon
  • 15°C
  • 12°C
  • Tue
  • 15°C
  • 10°C
  • Thu
  • 24°C
  • 10°C
  • Fri
  • 25°C
  • 10°C
  • Sat
  • 24°C
  • 9°C
  • Sun
  • 22°C
  • 8°C
  • Mon
  • 24°C
  • 9°C
  • Tue
  • 24°C
  • 10°C
  • Thu
  • 22°C
  • 6°C
  • Fri
  • 21°C
  • 6°C
  • Sat
  • 19°C
  • 6°C
  • Sun
  • 20°C
  • 4°C
  • Mon
  • 23°C
  • 7°C
  • Tue
  • 18°C
  • 3°C
  • Thu
  • 26°C
  • 9°C
  • Fri
  • 25°C
  • 9°C
  • Sat
  • 21°C
  • 13°C
  • Sun
  • 21°C
  • 9°C
  • Mon
  • 24°C
  • 7°C
  • Tue
  • 27°C
  • 10°C
  • Thu
  • 17°C
  • 13°C
  • Fri
  • 15°C
  • 10°C
  • Sat
  • 17°C
  • 10°C
  • Sun
  • 19°C
  • 9°C
  • Mon
  • 19°C
  • 14°C
  • Tue
  • 16°C
  • 9°C

Rand slips on reports ANC decides to remove Zuma from office

The rand had strengthened on signs that Zuma could be ousted even before his second term as president ends.

Picture: EWN.

SINGAPORE – The rand slipped against the dollar in early Asian trade on Tuesday on reports the African National Congress party executive committee had decided to “recall” or remove President Jacob Zuma as head of state.

The rand surrendered early gains made following reports the ANC had given the embattled leader 48 hours to resign, with the latest development raising the prospect of a showdown between Zuma’s allies and those who want Deputy President Cyril Ramaphosa to take over.

Since Deputy President Cyril Ramaphosa was elected party leader in December, Zuma has faced mounting calls from his party to end his scandal-plagued second term due to run out mid-2019.

The party’s executive committee has the authority to order Zuma to step down as head of state, although domestic media speculated that he might refuse to relinquish his post.

At 0205 GMT, the rand traded at R11.95 per dollar, off highs of R11.9979 but weaker than Monday’s close of R11.8867.

The rand had strengthened on signs that Zuma could be ousted even before his second term as president ends.

Comments

EWN welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

- Racism (including offensive comments based on ethnicity and nationality)
- Sexism
- Homophobia
- Religious intolerance
- Cyber bullying
- Hate speech
- Derogatory language
- Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the EWN community a safe and welcoming space for all.

EWN reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

EWN is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

comments powered by Disqus