Jacob Zuma Said to Refuse ANC Calls to Quit

The ANC held a 13-hour meeting and decided to recall President Jacob Zuma from office. Despite the decision, Zuma refused to resign, prompting the ANC to plan a formal letter requesting his resignation. The market reacted negatively, with the Rand dropping sharply. The ANC's lengthy meeting indicates internal division, and Zuma still has some support within the party. The transition to Cyril Ramaphosa as head of state is uncertain, and the opposition is calling for a motion of no confidence and early elections. The situation may escalate to the National Assembly if unresolved.

What was the outcome of the ANC's 13-hour meeting regarding President Jacob Zuma?

• They decided to promote Zuma.

• They postponed the decision.

• They decided to support Zuma.

• They decided to recall Zuma from office.

How did the market react to the news of Zuma's potential early exit?

• The Rand dropped sharply.

• The Rand increased slightly.

• The Rand remained stable.

• The Rand strengthened significantly.

What does the market prefer regarding Zuma's resignation?

• A delayed resignation.

• No resignation at all.

• A resignation with conditions.

• A clean and smooth resignation.

What might happen if Zuma refuses to resign?

• The ANC will ignore the issue.

• The matter may be taken to the National Assembly.

• The ANC will hold another meeting.

• Zuma will automatically be removed.

What are opposition parties calling for in response to Zuma's situation?

• A new ANC leader.

• A motion of no confidence and early elections.

• A public protest.

• A financial audit of Zuma's term.