ANC president Cyril Ramaphosa is racing against time to clinch President Jacob Zuma’s resignation, with "pertinent matters" still under discussion. Several senior ANC sources expect that Zuma could vacate his office by the end of this week, with a postponed state of the nation address and the annual budget address hanging in the balance. A national executive committee (NEC) member said the "pertinent matters" referred to in Ramaphosa’s statement were Zuma being able to say his goodbye to the Cabinet and to address the nation. The budget has to be tabled by March 14 to allow for the accommodation of possible changes to personal income tax in company payrolls at the beginning of the new tax year. But this could even be too late, given the rigorous parliamentary processes it has to be subjected to once presented. Opposition party leaders were to meet on Monday to discuss the motion of no confidence in Zuma, "provisionally" scheduled for February 22, and the election of a new president ...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now