Phala Phala will slowly, but surely wither away – Prof Theo Venter

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President Cyril Ramaphosa has emerged from the African National Congress’ 55th conference more confident and he has managed to tighten his grip on power. Instead of hostile members of the RET faction, that were hampering his drive to clean up corruption, the majority of members in the Top 7 of the ANC of the organisation, are now allies of Mr Ramaphosa. In his closing speech the president said the ANC was able to pull back and managed to prove to those that said the ANC will stumble forever, that they were wrong. He re-commited himself to cleaning up government and his party and said the 55th conference which will conclude in hybrid in January have ‘united’ the ANC. But will Mr Ramaphosa be able to abandon his cautious style and speed up the economic reforms he has repeatedly promised and can we expect a Cabinet reshuffle in the New Year. Prof Theo Venter told Biznews that he was expecting a Cabinet reshuffle in the New Year with several Minister being dropped. and, that the Phala Phala investigation will with Ramaphosa firmly back as ANC President, “slowly but surely wither away. Learn more about your ad choices. Visit megaphone.fm/adchoices
21 Dec 2022 4AM English South Africa Investing · Business News

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