Will President Cyril Ramaphosa resign TODAY? He is expected to address the nation soon

Will President Cyril Ramaphosa resign? Ramaphosa is expected to address the nation soon.

WILL PRESIDENT CYRIL RAMAPHOSA ANNOUNCE HIS RESIGNATION?

According to a report by News24 Vincent Magwenya, Ramaphosa’s spokesperson said the President would address the nation “soon”.

Magwenya told the publication that the President was still considering his options.

“The primary concern in the president’s mind is the stability of the government and the country.”

Magwenya reportedly said

ALSO READ: NDZ says Ramaphosa has to step aside and answer the Phala Phala case

HE IS EXPECTED TO ADDRESS THE NATION SOON

Ramaphosa is also expected to resign as ANC leader and will reportedly withdraw from contesting the elective conference at Nasrec.

This comes shortly after a Section 89 panel found Ramaphosa may have contravened the Constitution and anti-corruption laws with his dealings at Phala Phala.

The country’s former spy boss, Arthur Fraser, opened a criminal case against the President for burglary of millions of rands that happened at Ramaphosa’s Phala Phala game farm in early 2020.

IT IS BELIEVED HE IS STILL CONSIDERING HIS OPTIONS

Fraser alleged that thieves stole millions of rands in US dollars from Ramaphosa’s Phala Phala game farm in 2020.

He furthermore said Ramaphosa failed to report the matter to the relevant authorities but instead called on the police members close to him to investigate the matter secretly.

THIS COMES AFTER A SECTION 89 PANEL FOUND THAT HE MAY HAVE CONTRAVENED LAWS

In Ramaphosa’s affidavit to the independent panel, he said $580 000 found its way to the game farm through a sale of buffaloes to a Sudanese businessman Mustafa Hazim.

The President said his farm and lodge manager, a Mr. Ndlovu, first stored the money in a safe in the Bayeto Centre Office.

However, he later moved the cash from the Bayeto Centre because he “was concerned that several staff members had access to the safe.”

ALSO READ: Phala Phala robbery: Zuma wants Ramaphosa held accountable

MILLIONS OF RANDS IN US DOLLARS WAS STOLEN FROM RAMAPHOSA’S PHALA PHALA GAME FARM

Ramaphosa said Ndlovu thought the safest place to store the money was in the President’s private residence on the farm.

“He stored the money below cushions of a sofa in a spare bedroom that is hardly ever used, inside my private residence, because he thought it was the safest place, as he believed nobody would break into the president’s house.”

IF THE REPORT IS PASSED, HE WILL FACE AN IMPEACHMENT INQUIRY

The Ngcobo report confirmed the suspicions and found Ramaphosa had to answer the case for possible impeachment.

The National Assembly will consider the report on 6 December. If it is passed, the President will face an impeachment inquiry.