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SOUTH AFRICA: Meet Ramaphosa, union leader, businessman now president

SOUTH AFRICA: Meet Ramaphosa, union leader, businessman now president

Cyril Ramaphosa has been elected new South African president following the resignation of Jacob Zuma, who was forced to resign by his own party, the African National Congress (ANC), over series of scandals that trailed the former president.

Ramaphosa was elected president on Thursday by South African lawmakers without a vote as he was the only candidate nominated in the parliament in Cape Town.

Zuma had earlier on Wednesday announced his immediate resignation after the ruling ANC vowed to drive him out from office via a parliamentary vote of no confidence.

The embattled Zuma had in a 30-minute national television address said that he had “come to the decision to resign as president of the republic with immediate effect.”

READ ALSO: Zuma’s resolve finally broken as he’s forced to resign, ending controversial 9-year reign

ANC is the Republic of South Africa’s governing political party and has remained the ruling party of post-apartheid South Africa at the national level.

The party leadership started with the election of the late Nelson Mandela in the 1994 election.

Ramaphosa is a Lawyer and consummate Politician, who first came to prominence in the 1980s as general secretary of the National Union of Mineworkers and as a major force in the domestic struggle for political freedom.
He delved into the corporate world, where he formed his Holding Company- Shanduka Group, as Chairman.

A consummate businessman, he also invested and sat on numerous Boards of such companies like, Standard Bank, Alexander Forbes, Mining Companies, and MTN, just to name a few.

He comes in as the fourth president of South Africa since that country abolished the apartheid system of government.




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