The Fort Worth Press - S.Africa's Ramaphosa vows 'decisive steps' to stem graft

USD -
AED 3.672495
AFN 64.999799
ALL 81.449469
AMD 360.429654
ANG 1.789785
AOA 917.000085
ARS 1545.671603
AUD 1.455435
AWG 1.8
AZN 1.707539
BAM 1.743549
BBD 2.014201
BDT 124.684633
BGN 1.747831
BHD 0.37715
BIF 3010
BMD 1
BND 1.278494
BOB 11.860357
BRL 5.5831
BSD 1.00008
BTN 93.98513
BWP 13.720001
BYN 2.994357
BYR 19600
BZD 2.011304
CAD 1.418745
CDF 2315.0002
CHF 0.825295
CLF 0.024995
CLP 983.749956
CNY 6.67035
CNH 6.67608
COP 3309.11
CRC 452.34508
CUC 1
CUP 24.001212
CVE 99.224991
CZK 21.805699
DJF 177.720399
DKK 6.694115
DOP 60.677673
DZD 136.498471
EGP 53.3154
ERN 15
ETB 162.77021
EUR 0.89549
FJD 2.26045
FKP 0.745155
GBP 0.749165
GEL 2.597535
GGP 0.745155
GHS 11.710194
GIP 0.745155
GMD 73.999752
GNF 8864.999742
GTQ 7.641802
GYD 209.550384
HKD 7.845105
HNL 26.881572
HRK 6.76901
HTG 131.085575
HUF 326.407502
IDR 18062
ILS 3.18295
IMP 0.745155
INR 93.932501
IQD 1515.5
IRR 1906074.999754
ISK 122.497835
JEP 0.745155
JMD 158.721951
JOD 0.709013
JPY 158.810993
KES 129.902391
KGS 87.4498
KHR 4080.000218
KMF 442.000053
KPW 899.999961
KRW 1339.295057
KWD 0.31105
KYD 0.833363
KZT 446.483971
LAK 22505.00021
LBP 89549.999926
LKR 332.358631
LRD 170.224946
LSL 16.540045
LTL 2.95274
LVL 0.60489
LYD 6.404964
MAD 9.80125
MDL 17.970617
MGA 4537.674286
MKD 55.105631
MMK 2099.696522
MNT 3601.450067
MOP 8.080107
MRU 40.602481
MUR 43.590292
MVR 15.343166
MWK 1735.999736
MXN 18.611803
MYR 4.057403
MZN 63.89797
NAD 16.39487
NGN 1346.150131
NIO 36.800956
NOK 9.50875
NPR 150.377549
NZD 1.783619
OMR 0.384499
PAB 1.000071
PEN 3.408023
PGK 4.491377
PHP 63.088501
PKR 276.627064
PLN 3.93675
PYG 6173.609935
QAR 3.644027
RON 4.785202
RSD 105.30956
RUB 83.172444
RWF 1475
SAR 3.760416
SBD 8.097299
SCR 13.89885
SDG 601.499098
SEK 9.870785
SGD 1.281745
SHP 0.749316
SLE 22.896975
SLL 20969.504398
SOS 572.468877
SRD 37.546029
STD 20697.981008
STN 22.3
SVC 8.750925
SYP 13001.999685
SZL 16.539905
THB 33.62302
TJS 9.190242
TMT 3.5
TND 2.980472
TOP 2.40776
TRY 50.235097
TTD 6.782502
TWD 32.971997
TZS 2642.502985
UAH 45.486291
UGX 4080.286342
UYU 40.464463
UZS 11975.30589
VES 900.490498
VND 25600
VUV 120.001108
WST 2.780103
XAF 587.40302
XAG 0.019377
XAU 0.00024751495
XCD 2.70255
XCG 1.802321
XDR 0.707052
XOF 587.40302
XPF 106.319815
YER 236.493572
ZAR 16.52825
ZMK 9001.199391
ZMW 20.375579
ZWL 321.999592
SSP 5745.814556
MXV 2.091761
  • RIO

    -0.3300

    97.04

    -0.34%

  • CMSC

    -0.0400

    20.67

    -0.19%

  • RELX

    0.0000

    33.41

    0%

  • RBGPF

    0.0000

    67.95

    0%

  • BCE

    -0.0700

    21.99

    -0.32%

  • BCC

    -0.0300

    75.66

    -0.04%

  • GSK

    0.8600

    51.08

    +1.68%

  • JRI

    -0.0300

    11.52

    -0.26%

  • NGG

    -0.1200

    76.68

    -0.16%

  • CMSD

    0.0900

    20.54

    +0.44%

  • BTI

    -0.0800

    55.75

    -0.14%

  • AZN

    2.0200

    168.1

    +1.2%

  • BP

    -1.4200

    43.16

    -3.29%

  • RYCEF

    0.4600

    19.7

    +2.34%

  • VOD

    0.0700

    17.02

    +0.41%

S.Africa's Ramaphosa vows 'decisive steps' to stem graft
S.Africa's Ramaphosa vows 'decisive steps' to stem graft

S.Africa's Ramaphosa vows 'decisive steps' to stem graft

South African President Cyril Ramaphosa delivered a state of the nation address on Thursday promising "decisive" action to stem corruption, as he faces demands for a plan to reverse widening disillusionment with his government.

Text size:

State corruption, a flagging economy, staggering unemployment, rampant crime and last year's riots topped a long list of woes facing the former union activist-turned-tycoon.

"The fight against corruption will take on a new intensity," Ramaphosa said in his first state of the nation address since receiving a report containing damning allegations of how his predecessor Jacob Zuma sold control of the state to wealthy individuals and companies.

The massive corruption and cronyism under Zuma, which South Africans call "state capture", has been laid out in a series of investigative reports since January.

After a years-long investigation, Constitutional Court judge Raymond Zondo has released more than 1,400 pages of findings -- with more still to come.

Zuma was sent to prison in July after he refused to testify to Zondo's commission. His jailing sparked looting and riots that left more than 350 dead, the worst violence the country has seen since the end of apartheid.

Ramaphosa said he will present a plan of action before June 30 in response to the graft report.

"My responsibility is to ensure that the... report is properly and carefully considered and then acted upon," he said.

"While we have taken decisive steps to end the era of state capture, we know that the fight against corruption is far from over," he said.

- Parliament fire 'symbolic' -

Ramaphosa delivered his annual speech from Cape Town's city hall instead of where it is normally given in the nation's parliament building, which was gutted by a fire set by an arsonist on January 2.

Ramaphosa said the parliament fire symbolised "a broader devastation in our land".

"The fire was symbolic of the devastation caused by the Covid-19 pandemic, by rising unemployment and deepening poverty".

He also said the fire "reminded us of the destruction, violence and looting" the country had seen.

The economy, already battered by two years of strict Covid-19 restrictions, took another hit and unemployment increased to a record of 34.9 percent at the end last year -- up from 30.8 percent a year earlier.

Among young people, the unemployment rate is a stratospheric 64.4 percent.

Ramaphosa said his government had set itself "100 days to finalise a comprehensive social compact to grow our economy, create jobs and combat hunger".

He also said the government intended to end the national state of disaster imposed nearly two years ago at the onset of the pandemic, "as soon" as some legislation was finalised.

"As the trajectory of the pandemic has continued to change, we have had to adapt and evolve," he said.

- ANC bust-up -

In light of a recent report on last July's riots which laid the blame on his African National Congress (ANC) party as well as the ineptness of his government, Ramaphosa said it would accept the blame.

"The expert panel found that cabinet must take overall responsibility for the events of July 2021. This is a responsibility that we acknowledge and accept," he said.

The report said the ANC party's rifts were so bad that the squabbles were fuelling the risk of turbulence in the country.

"What appears to be factional battles in the African National Congress have become a serious source of instability in the country," said the report, which was made public this week.

If Ramaphosa wants to retain his office, he will need to ask the ANC, in power since the advent of democracy in 1994, to re-elect him at its internal party conference this year.

H.M.Hernandez--TFWP