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A charm offensive by Jacob Zuma may not be enough to dispel deep investor anxiety over whether he will be able to take charge of Africa’s biggest economy, even though he has won over some doubters. Since unseating President Thabo Mbeki as leader of the ruling African National Congress in December, Zuma has moved to consolidate his power.
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/ 7 February 2008
President Thabo Mbeki will strive to show he is still in charge of the country on Friday when he makes his first State of the Nation address since being ousted as leader of the ruling party in December. Jacob Zuma, front-runner to succeed Mbeki as head of state, has already begun to eclipse his rival through control of the party.
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/ 24 January 2008
The government is expected to outline its plans to deal with the country’s electricity crisis on Friday. Minister of Minerals and Energy Buyelwa Sonjica and Public Enterprises Minister Alec Erwin have called a media briefing for Friday on ”plans for electricity generation in South Africa”.
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/ 24 January 2008
Recent power cuts in South Africa have enraged the public, raised questions over future investment in Africa’s biggest economy and increased scepticism in the country’s leaders at a time of political uncertainty. Economists estimate the cost of the power cuts already runs to hundreds of millions of rands.