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Jacob Zuma asked to step down as President

14 February 2018

If he refuses, Zuma would then likely be ousted via a parliamentary vote of no-confidence within days. He survived two previous bids to topple him in the ANC's NEC since November 2016, but the balance of power in the panel shifted after Ramaphosa won the party presidency. With few allies left, his resignation is still a possibility.

But this week the SACP has also said there must be a "speedy reconfiguration of the Alliance, principled and programmatic unity to ensure that a reconfigured ANC headed Alliance decisively wins elections in 2019 and beyond". The ANC top brass rejected his offer.

According to a statement released by the Hawks - the police's elite high-priority crimes unit - the raids were carried out at the home of the Gupta family in the plush suburb of Saxonwold here in connection with the Vrede farm investigation. Zuma and the Guptas are implicated in the case.

Zuma was set to address South Africans at 10:00 on Wednesday, but this did not happen.

One said the party would have to "consider its legal options" should Zuma defy a party directive, while another said Zuma could not deny one. "My problem is that nobody has provided to me, even in the discussions that we are talking about, what have I done". The manner in which it is being implemented, "I have a problem with". "I don't understand. I don't agree with it".

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But the former Zuma supporter also added, "When we took this decision, we didn't take this decision because Jacob Zuma has done anything wrong".

During a 13-hour marathon in Pretoria on Monday, the ANC's executive committee tried to end a prolonged standoff with Zuma, who has proposed to resign within three to six months.

"What is this hurry, what are you rushing for?"

"The rand has always been volatile and that is one of the reasons why traders like it - they make and lose money off volatility", Mr de Vos said.

The wealthy Gupta family has been accused of "state capture" - using their friendship with Zuma and a number of senior government officials to influence ministerial appointments, secure multi-million dollar government contracts and gain access to inside information.

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The entire Cabinet would have to step down if such a vote went through.

If he did not resign, the caucus would vote to remove him through a scheduled motion of no confidence, Gigaba said.

The African National Congress (ANC) met in December to elect a new leader to succeed Zuma. It's not fair to the ANC.

The ANC's treasurer-general, Paul Mashatile, made the announcement on Wednesday, Reuters reports. "We are moving ahead".

But that was not forthcoming and it was reported that the talks were deadlocked as Zuma attempted to negotiate immunity from prosecution for himself and his family - alongside seeking an assurance that his mounting legal bills would be guaranteed.

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Jacob Zuma asked to step down as President