Cyril Ramaphosa, president of South Africa, refuses to step down

• South African President Cyril Ramaphosa under investigation for cover-up of $500,000 cash theft.
• Spokesman says he will not step down or quit “based on a defective report.”

Despite a damning report that found he may have covered up the theft of hundreds of thousands of dollars at his private game farm, South African President Cyril Ramaphosa appears to be prepared to resist calls for his resignation, according to speculation that has persisted for days.

Ramaphosa will not be stepping down or quitting “based on a defective report,” according to his spokesman Vincent Magwenya.

“The President has taken to heart the unequivocal message coming from the branches of the governing party who have nominated him to avail himself for a second term of the leadership of the ANC (African National Congress),” Magwenya added.

Ramaphosa was generally anticipated to win a second term as ANC leader before the report’s publication.

The highest echelons of the ANC are anticipated to meet soon. The main item on the agenda is likely to be Ramaphosa’s fate.

Since the report was made public, Ramaphosa himself has been silent.

Ramaphosa was elected with the intention of eradicating corruption, but he is currently under investigation in connection with a controversy involving the theft of more than $500,000 in cash from his own game farm in 2020.

The panel’s investigation revealed that the money was concealed beneath a leather sofa.

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