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South Africa Recession

Ramaphosa won 283 of the votes cast by members of National Assembly on Friday night, and Economic Freedom Fighters leader Julius Malema 44

Updated On: 15 Jun 2024 | 8:58 AM IST

Former South African president Jacob Zuma has been disqualified as a candidate in South Africa's general elections scheduled for May 29 due to his criminal record, the Electoral Commission (IEC) said on Friday. Zuma, who was recalled by his own African National Congress (ANC) in February 2018 for refusing to step down, was sentenced to 15 months in jail in 2021 by the highest judicial body in South Africa, the Constitutional Court after he earlier walked out of hearings at the Commission of Enquiry into State Capture. The ANC recalled Zuma after huge public outcries about his alleged closeness to the now self-exiled Gupta family who looted billions from state-owned enterprises such as Eskom. These entities are now financially crippled, leading to embattled electricity supplier Eskom being unable to meet the power needs of the country and the rail infrastructure inoperable. The Guptas are believed to be in Dubai and South Africa is seeking their extradition to face trial here. Zuma

Updated On: 30 Mar 2024 | 7:40 AM IST

High unemployment, stagnant wages drags down the country's long-resilient consumer sector

Updated On: 06 Jun 2017 | 8:40 PM IST