President Ramaphosa doesn’t have excuses any more – Wits School of Governance's TK Pooe

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President Cyril Ramaphosa managed to secure a second term as President of the ANC beating his rival Zweli Mkhize with 579 votes. His slate did however not have a complete victory. The position of deputy-president went to Paul Mashatile. A Ramaphosa ally, Gwede Mantashe was re-election as chair of the ANC, while the current Minister of Transport Fikile Mbalula, who has also pledge support to Ramaphosa took the position of secretary-general. A thorn in Ramaphosa side could be Nomvula Mokonyana, who secure the position as one of the positions of first deputy secretary of the ANC. Markets reacted favourably to Mr Ramaphosa appointment with the rand strengthening and market uncertainty appears to have been eased. Dr TK Pooe from Wits’s School of Governance told Biznews that the margin in which Ramaphosa has won means he does not have any excuses any more. Learn more about your ad choices. Visit megaphone.fm/adchoices
19 Dec 2022 7AM English South Africa Investing · Business News

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