South Africa is not 'falling apart,' President Zuma says
The president of South Africa sought to dispel concerns about the country's sluggish growth, saying two downgrades by international rating agencies did not mean the country wasn't continuing to develop.
(Page 2 of 2)
Spicing up the contest for top ANC jobs, former mineworkers' leader and anti-apartheid hero Cyril Ramaphosa, now one of South Africa's richest men, has agreed to stand for the post of ANC deputy president currently held by Motlanthe.Skip to next paragraph
Subscribe Today to the Monitor
"He (Ramaphosa) is running," a senior party official told Reuters on Sunday.
In his speech, Zuma said the government was relying on its long-term National Development Plan as its strategy for undoing the "glaring and deep" inequalities left by decades of white-minority apartheid rule, which ended in 1994.
"Today, the ratings agencies and investors are asking whether the ANC can continue to manage this economy so that we can grow, create jobs, manage our debt and provide policy certainty," Zuma said.
"Yes, the ANC will continue to provide strong economic leadership and steer our economy boldly."
South Africa's economy is forecast to grow 2.5 percent this year, well short of the 7 percent the government says is needed to make a serious dent in 25 percent unemployment.
Zuma also called for an end to internal faction-fighting and corruption in Nelson Mandela's 100-year-old liberation movement, which faces accusations from critics that it has lost its moral compass under the scandal-hit Zuma presidency.
Party insiders said Ramaphosa's inclusion in the ANC leadership team could help to restore the party's image.
This has been undermined by growing popular disillusionment over the ANC government's failure to tackle still widespread poverty and unemployment and over persistent problems of graft, cronyism and mismanagement.
Ramaphosa, now 60, won international renown as a campaigner against apartheid when he led a mineworkers' strike in 1987, and he also helped draft South Africa's post-apartheid constitution before becoming one of the country's most successful and respected businessmen.