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Phosa Accepts Nomination to Run for ANC President

Outlook

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Outlook Newbie

Outlook

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South African businessman Mathews Phosa said he accepted a nomination to stand as president of the ruling African National Congress.

 

Phosa will challenge Deputy President Cyril Ramaphosa and Nkosazana Dlamini-Zuma, a former chairwoman of the African Union Commission, who are seen as the frontrunners to succeed President Jacob Zuma as the party’s leader at a conference in December. Dlamini-Zuma is the president’s ex-wife.

 

Zuma is under pressure after S&P Global Ratings and Fitch Ratings Ltd. responded to his firing of Finance Minister Pravin Gordhan last month by cutting their assessments of South Africa’s international credit to junk. There have been growing calls for him to step down, and he faces a vote of no confidence in parliament that’s been postponed pending a court ruling.

 

“I think my movement is in a crisis, my country is in a crisis,” Phosa said by mobile phone on Sunday.

 

A lawyer, Phosa is a director at coal and platinum companies, and was previously treasurer general at the ANC. He was nominated by the ANC ward in Cape Town. The leader of the party will stand in the country’s general elections scheduled for 2019, with Zuma having served the maximum two terms allowed under the constitution.

Noobly Newbie

Noobly

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This oke is a lawyer and speaks nine languages.

Seems promising, but then again he might just end up being a corrupt ANC puppet.

 

He is a business man so that sort of instils some positiveness in me. Is he corrupt, we won't know, nut for me at this point anyone backing the ANC is questionable.

Spreadsheet Ranger Newbie

Spreadsheet Ranger

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He is a business man so that sort of instils some positiveness in me. Is he corrupt, we won't know, nut for me at this point anyone backing the ANC is questionable.

 

A bit harsh, but understandable given our current state of affairs. 

 

I have never heard of Phosa so not sure if he will actually stand a chance compared to someone like Cyril.

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JamesYellen Newbie

JamesYellen

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The more compitition and pressure within the ANC the better.

 

Most importantly now is the vote of no confidence, hoping it will be allowed to take place within an anonymous environment.

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