A state of limbo
Should President Jacob Zuma dig in in a bid to consolidate his power, it could have even direr consequences for the country’s economy.
after he dramatically survived a surprise move by a faction of the ANC’s National Executive Committee (NEC) to unseat him in November, pundits seem to agree that South Africans will have to resign themselves to the fact that much-maligned President Jacob Zuma will likely see out most of 2017 in the presidential seat.
While speculation remains around his continued political survival beyond the ANC’s national elective conference, taking place in December 2017, it appears the president’s influential detractors in the ruling party have taken the failed NEC “coup” as an indication that little can be done to oust the two-term party and state leader before the end of the year.
He is thereafter expected to make a “managed exit” in the first half of 2018 – prior to the 2019 national elections.
Daryl Glaser, associate professor of politics at Wits University, tells finweek that ANC public politicking is likely to remain in limbo over the next 12 months, with little policy decision-making.
“I can’t believe that Zuma will attempt to run for an unprecedented third term as leader of the ANC. I’m assuming that a whole lot of people in the ANC have decided to sit out the remainder of Zuma’s term as president of the ANC in the hope that the party can go into the next election in 2019 under a new leader,” he comments.
Supporting Glaser’s position, Nomura research analyst Peter Attard Montalto says the outcome of the NEC meeting
Daryl Glaser Associate professor of politics at Wits University
Peter Attard Montalto Research analyst at Nomura