Published on africasacountry.com by PATRICK BOND, who teaches political economy at Wits University in Johannesburg, South Africa.
The election Monday night of Cyril Ramaphosa as president of South Africa’s ruling African National Congress (ANC) – with a razor-thin 51% majority of nearly 4,800 delegates – displaced but did not resolve a fight between two bitterly-opposed factions. On the one hand are powerful elements friendly to so-called “White Monopoly Capital” (WMC), and on the other are outgoing ANC president Jacob Zuma’s allies led by Nkosazana Dlamini-Zuma, his ex-wife and former African Union chairperson. The latter faction includes corrupt state “tenderpreneur” syndicates, especially the notorious Gupta brothers, and is hence typically nicknamed “Zupta.” (Zuma is still scheduled to serve as the country’s president until general elections scheduled for mid-2019.)
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