'Zuma will go if Dlamini-Zuma is made interim president'

South Africa's new party leader targets'billions in graft

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It has been reported that ANC MP Nkosazana Dlamini Zuma could be the next interim president of the country if Jacob Zuma were to resign.

Speaking at a briefing in East London on Friday morning, Ace Magashule the newly elected general-secretary of the ANC said this was just mere speculation and it will not be entertained by the ruling party.

President Jacob Zuma has reportedly set a number of conditions which will need to be fulfilled before he steps down as South Africa's president.

This would mean, amongst other things, that Dlamini Zuma would retain presidential benefits after being an acting stateswoman.

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Piotr Matys, emerging market strategist at Rabobank, warned that ousting Zuma could also cause trouble for the South African currency, saying that: "The governing ANC could be engulfed in political bickering between Zuma's camp and members of the party who voted for Ramaphosa".

She added that the DA would continue to pursue every possible avenue to hold Zuma accountable for the 783 counts of corruption against him as well as his role in state capture.

"There is no substance to the fact that the former chairperson of the AU will be the president".

Magashule also confirmed that Zuma will attend the ANC's 106th anniversary celebration on Saturday.

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The January 8th Statement is delivered each year to mark the ANC's birthday. "It will be the beginning of us mobilising our people for a decisive victory in 2019", Magashule said.

The ANC secretary general told reporters the nation will be notified in due course.

He said Ramaphosa would elaborate on this contentious issue when he delivered the statement on Saturday.

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