The ANC national executive committee’s decision to recall President Jacob Zuma has invoked a vote of confidence in the ANC leadership and has been hailed as a step towards policy certainty, accountability and good governance. The business community and the party’s alliance partners Cosatu and the South African Communist Party (SACP) said the focus was now on how quickly a new president would restore the country’s damaged image. However, Business Unity SA on Tuesday warned that if Zuma stalls his resignation, he would exacerbate the low levels of business investor confidence. Zuma’s presidency has been marred with scandals and allegations of corruption and state capture, which led to a decline in investor confidence and the worsening of the quality of life for locals as unemployment and poverty rates soared. Business Leadership SA’s CEO, Bonang Mohale, described Zuma’s recall as a courageous decision and has encouraged the ANC leadership to ensure Zuma is kicked out of office if he r...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.