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Zuma Risks Showdown With ANC in South Africa Power Play

  • Party slates reappointment of state power utility CEO Molefe
  • Faction fighting threatens ANC political integrity: Matshiqi
Bloomberg business news

QuickTake: South Africa's Economic, Political Strife

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After months of attacks by opposition parties, labor unions and the courts, South African President Jacob Zuma now appears to be on a collision course with a more dangerous adversary: his own ruling African National Congress.

ANC Secretary-General Gwede Mantashe said this week that the party told Zuma’s administration to rescind a decision to reappoint Brian Molefe, who’d been implicated in a graft probe, as the head of the state power utility. Last month three of the party’s top six leaders slated the president’s decision to fire Pravin Gordhan as finance minister, a move that cost the nation its investment-grade credit rating from S&P Global Ratings and Fitch Ratings Ltd.