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This Article is From Feb 23, 2018

South African Ruling Party's Top Committee to Meet on Sunday

South Africa's Ruling ANC Is Said to Call Meeting of Top Body

(Bloomberg) -- South Africa's ruling African National Conference will hold a two-day meeting of its top body starting Sunday, party spokesman Pule Mabe said.

The meeting of the National Executive Committee will be held against the backdrop of growing speculation that newly elected President Cyril Ramaphosa is planning cabinet changes and several provincial leadership disputes in the party.

The NEC is holding its first meeting since Jacob Zuma resigned as president on Feb. 14 under pressure from the party. Mabe confirmed the meeting by text message.

Among Ramaphosa's most pressing priorities are to select a deputy president, a post he'd occupied since May 2014, and reshuffle the Zuma-appointed cabinet. Finance Minister Malusi Gigaba on Wednesday announced plans to raise sales tax and curb spending in a bid to stabilize debt and prevent a third junk credit rating.

Ramaphosa, who was elected as ANC president in December, has promised to revive the struggling economy, create jobs and tackle corruption. His appointment more than a year before national elections could help the ANC win back voters alienated by a succession of scandals, policy missteps and inappropriate appointments during Zuma's nine-year tenure.

--With assistance from Paul Vecchiatto

To contact the reporter on this story: Sam Mkokeli in Johannesburg at mmkokeli@bloomberg.net.

To contact the editors responsible for this story: Karl Maier at kmaier2@bloomberg.net, Hilton Shone

©2018 Bloomberg L.P.

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