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Jacob Zuma must fall

The South African president is much to blame for his country's woes

By Justice Malala   March 2016

Jacob Zuma in 2013 ©Pacific Press/Pacific Press via Zuma Wire/Rex Shutterstock

On the evening of 9th December last year, South Africa’s President Jacob Zuma sent out a terse press statement dismissing his highly respected finance minister, Nhlanhla Nene. He replaced him with an unknown, David van Rooyen, a former small-town mayor.

The market’s reaction to the announcement was instant and brutal, leading to massive equity, bond and rand sell-offs. The rand plummeted against the US dollar and the pound…

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