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South Africa’s Manuel to Step Down From ANC Executive Committee

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Dec. 15 (Bloomberg) -- Trevor Manuel, head of South Africa’s National Planning Commission, plans to step down from the African National Congress’s National Executive Committee.

Manuel won’t seek re-election when members of the ruling party start their conference to elect new leaders tomorrow, Dumisa Jele, spokesman for the planning commission, said by telephone today.

“Minister Manuel has been on the NEC for 21 years and he would like to give new people the opportunity to come into the ANC’s decision-making body,” Jele said. The decision won’t affect his position in government, the spokesman added.

As finance minister from 1996 to 2009, Manuel helped to bring the budget of Africa’s largest economy to a surplus. He was appointed head of the National Planning Commission by President Jacob Zuma in 2009 and is a member of parliament.

To contact the reporter on this story: Paul Burkhardt in Johannesburg at pburkhardt@bloomberg.net

To contact the editor responsible for this story: Nasreen Seria at nseria@bloomberg.net

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