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Jacob Zuma's Exit From South Africa Presidency to Be Finalized Monday

12 February 2018

The report stated that Zuma and ANC president Cyril Ramaphosa are secretly negotiating the deal.

Deputy President Cyril Ramaphosa confirmed that he was in talks with Zuma about his future as the president of the country.

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Holding the microphone for Mandela that day was a young Ramaphosa, then a trade union leader.

Ramaphosa said the ANC would continue Mandela's legacy by fighting corruption.

Last week, Ramaphosa cancelled a meeting of the NEC, which had been expected to push for the early removal of Zuma.

The NEC will hold an emergency meeting on Monday as the country awaits word on whether Zuma will resign.

However, a presidential official told News24 that there was no meeting planned between Zuma and Ramaphosa.

Zuma has been South Africa's most controversial president since the end of white-minority rule in 1994, overseeing a tumultuous nine years marked by economic decline and numerous allegations of corruption. The political opposition criticized the private talks, saying the 75-year-old president may have been pressing for an "exit package" in exchange for his resignation.

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The two were said to be discussing "cosmetic issues", including the payment of Zuma's future legal fees and security for him and his family.

Mantashe said Ramaphosa was dealing with a "complex situation", however, officials were agreed on the "end game".

"Because our people want this matter to be finalized, the national executive committee will be doing precisely that", he said.

"We just need to give them time to attend to these issues and in due time they will come back to us with solutions", he said in an interview. "While preserving the value of money is our main mandate, our goal is to be a bastion of institutional strength, contributing to a stable and prosperous economy that serves the well-being of all South Africans, and guided in part by Madiba's values", said Lesetja Kganyago, South African Reserve Bank Governor.

After a week of "discussions" between Ramaphosa and Zuma about the imminent change of guard, South Africans have been left wondering what the way forward will be, with the big question being: when will Zuma go?.

The ANC is trying to wrap up a deal for Zuma to resign so Ramaphosa can restore investor confidence and public support for the ANC as it gears up for the vote.

On Tuesday, Parliament's presiding officers announced that Thursday's State of the Nation Address had been indefinitely postponed amid fears that it might descend into chaos.

Zuma had been set to officiate at the awards ceremony at the Cape Town International Convention Centre today.

Jacob Zuma's Exit From South Africa Presidency to Be Finalized Monday