{"id":223004,"date":"2018-02-04T06:52:29","date_gmt":"2018-02-04T04:52:29","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=223004"},"modified":"2018-02-04T07:14:17","modified_gmt":"2018-02-04T05:14:17","slug":"zumas-time-is-running-out-report","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/government\/223004\/zumas-time-is-running-out-report\/","title":{"rendered":"Zuma&#8217;s time is running out: report"},"content":{"rendered":"<p>President Jacob Zuma will reportedly be formally asked to step down as president of the country by the ANC&#8217;s top officials today, <strong><a href=\"https:\/\/www.news24.com\/SouthAfrica\/News\/end-of-the-road-as-zuma-faces-attack-on-all-sides-20180204\">the City Press reports<\/a><\/strong>.<\/p>\n<p>The paper reported that Zuma will likely agree to do so, but not until after the State of the Nation Address later this week.<\/p>\n<p>The on and off announcements of the president stepping down have proven to have a strong effect on South Africa&#8217;s markets, with every bit of news pointing to an early exit giving the rand a boost, followed by a small drop after reports are dismissed.<\/p>\n<p>However, most analysts and economists are factoring Zuma leaving before his term is complete into the rand&#8217;s pricing.<\/p>\n<p>There have been mixed signals from within the ANC about Zuma&#8217;s fate, with delegations led by new ANC president Cyril Ramaphosa pressing that he is engaging with Zuma and ironing out a smooth transition &#8211; while secretary general Ace Magashule and deputy Jessie Duarte are adamant Zuma&#8217;s early exit is not on the formal agenda.<\/p>\n<p>According to the City Press, Magashule has again denied that a formal request is on the cards for today. However the paper said its sources have revealed that if no agreement is reached today, a special NEC meeting will be held.<\/p>\n<p>Opposition parties this past week tried and failed to get the State of the Nation Address postponed until a new president was elected. They also tried to have have a motion of no confidence in Zuma debated before the address.<\/p>\n<p>Speaker of the National Assembly Baleka Mbete would not allow the motion of no confidence to happen so early, but put it on the calendar for 22 February.<\/p>\n<hr \/>\n<p><strong>Read:\u00a0<a href=\"https:\/\/businesstech.co.za\/news\/government\/222869\/zuma-to-face-another-vote-of-no-confidence-on-22-february\/\" rel=\"bookmark\">Zuma to face another vote of no confidence on 22 February<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Jacob Zuma will reportedly be formally asked to step down as president of the country by the ANC&#8217;s top officials today, the City Press reports.<\/p>\n","protected":false},"author":10,"featured_media":132826,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[26],"class_list":["post-223004","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-government","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/223004","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=223004"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/223004\/revisions"}],"predecessor-version":[{"id":223018,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/223004\/revisions\/223018"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/132826"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=223004"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=223004"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=223004"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}