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South Africa's Ramaphosa declared president of country: BBG
SOUTH AFRICA'S RAMAPHOSA DECLARED PRESIDENT OF COUNTRY: BBG
— zerohedge (@zerohedge) February 15, 2018
Added at 7:54am
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The Zuma Era Is Over: Ramaphosa Declared President Of South Africa
The scandal-hit era of Jacob Zuma officially ended moments ago, when the South African parliament voted to make Cyril Ramaphosa the country's new president. Ramaphosa, the ANC's leader, now faces a daunting task of reviving Africa's most industrialised economy following nine years of Zuma governance that was characterized by stagnant growth, graft allegations and sliding support for the ruling party. As noted yesterday, Ramaphosa, who replaced Zuma as leader of the ANC in December, became acting president after Zuma stepped down in a late-night television address on Wednesday night. Today's parliamentary vote made ... (full story)