South African President Jacob Zuma did little in a key speech yesterday to inspire confidence among analysts and opposition parties that his government can spur an economy battered by mining strikes and power shortages.
A South African court extended a provisional insolvency order against Julius Malema, the leader of a party that advocates the nationalization of mines and banks, allowing him to keep his seat in Parliament for now.
South Africa’s ruling party accused the union whose members are taking part in the longest mining strike in the country’s history of being linked with “foreign forces” that are attempting to derail the economy.
Julius Malema, who was expelled from South Africa’s ruling African National Congress, has rekindled his political career after the party he created seven months ago to contest this week’s election won the third most votes.
To chants of his nickname, “Juju, Juju,” Julius Malema strode by women blowing kisses and men raising clenched fists as he campaigned to whip up support for this year’s election with a call to nationalize South Africa’s mines, banks and land.
South Africa’s ruling African National Congress headed for a fifth consecutive election victory with three-quarters of voting districts counted, even as the main opposition parties chipped away at its dominance.
A disciplinary hearing that may result in the expulsion of youth leader Julius Malema from South Africa’s ruling African National Congress and decide the political fate of President Jacob Zuma has sparked violent protests in central Johannesburg.