Rand Tumbles After South African President Zuma Survives "No Confidence" Vote

Update: South African president Jacob Zuma speaks after his victory fending off the no-confidence vote: "It's difficult to defeat The ANC."

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As we detailed earlier, national assembly speaker (and purported replacement) Baleka Mbete's secret no-confidence vote has failed to oust South African President Zuma.

Speaker of Parliament Baleka Mbete shocked South Africans Monday when she announced her decision to allow the vote to proceed on a secret ballot, which would allow party members to vote against their leader outside the public spotlight.

"I understand and accept that a motion of no confidence in the president is a very important matter, a potent tool toward holding the president to account," she said at a press briefing Monday in Cape Town. She did not take questions from reporters.

 

The no confidence vote, she said, "constitutes one of the severest political consequences imaginable" and her decision to allow the vote to proceed anonymously is "about putting the resilience of our democratic institution to test."

Mbete needed 201 votes (Zuma's ANC dominates the Parliament with 249 out of 400 seats and so for the motion to pass, at least 50 party members would have to defect to the opposition - something that has never happened before in a party that defeated South Africa's apartheid system and is known for its loyalty).

However, some have argued that the number is lower. If the need arises, National Assembly will seek legal opinion on whether majority in no-confidence motion on President Jacob Zuma is based on number of seats in assembly or if vacancies in NA should be subtracted, Speaker Baleka Mbete tells lawmakers in Cape Town.

  • Mbete says simple majority to be calculated as 201, or 50% plus one seat of 400 seats in National Assembly.
  • Democratic Alliance, which is the main opposition party, argues seats should exclude 5 vacancies, which takes total number of seats to 395 and lowers majority needed to pass the motion

South African lawmakers began to cast their votes at 1043am ET (ZAR had leaked very modestly lower into the start of the vote).

Voting finished at 1150ET and the count began (as lawmakers squabbled over constitutional details).

Counting finished at 1235ET. ZAR dropped on the riging on the 5-minute warning bells.

The result:

Motion of no confidence in South African President Jacob Zuma was defeated by 198 votes against 177 supporting it, Baleka Mbete, the speaker of the National Assembly, announces at a sitting in Cape Town.

 

9 of the 384 members in the assembly, where the ANC has a 62% majority, abstained

The reaction is clear... The Rand tumbled...

 

Zuma will now retain his position as ANC president until his tenure ends in December. His term as president of the country runs through 2019.

Comments

Herd Redirecti… BaBaBouy Tue, 08/08/2017 - 12:57 Permalink

What is left to say?Most people figure the Boers and Englishmen should flee the country.  Others wouldn't mind seeing them make a 'Helmsdeep' style last stand."Sam: Even darkness must pass. A new day will come. And when the sun shines it will shine out the clearer. Those were the stories that stayed with you. That meant something, even if you were too small to understand why. But I think, Mr. Frodo, I do understand. I know now. Folk in those stories had lots of chances of turning back, only they didn't. They kept going. Because they were holding on to something.Frodo: What are we holding onto, Sam?Sam: That there's some good in this world, Mr. Frodo... and it's worth fighting for.""Theoden: So much death. What can men do against such reckless hate?Aragorn: Ride out with me. Ride out and meet them.Theoden: For death and glory.Aragorn: For Rohan. For your people."

In reply to by BaBaBouy

Cautiously Pes… Tue, 08/08/2017 - 13:01 Permalink

Landlord to Prince Akeem:All right, here we are. There's only one bathroom on this floor, so you're going to have to share it. We got an insect problem, but you boys from Africa are used to that. And another thing, don't use the elevator. It's a death trap. This is the place I was telling you about. It's real f***ed up. Got just one window facing a brick wall. Used to rent it to a blind man... damn shame what they did to that dog.From .... Coming to America (from Africa)

Jack McGriff Tue, 08/08/2017 - 13:11 Permalink

Who cares about that nigger Zuma?  Next nigger in line will be EXACTLY like him ... racist, anti-white, hateful, and fucking STUPID!    Niggers.  Always niggers, the pets of Jews.

froze25 (not verified) Jack McGriff Tue, 08/08/2017 - 13:31 Permalink

I really have to tip my hat to the Jews they have been able to manipulate the Blacks better than any before. I mean seriously,  Soros backed outfits have managed to get the Blacks to openly call to be segregated on college campuses themselves,  you can't make up that kind of stupidity. 

In reply to by Jack McGriff

Vageling Tue, 08/08/2017 - 13:12 Permalink

So? I've been reading this and I laughed out loud. Anybody expected that it would pass? Wishful thinking. Zuma ousted? Sure... Keep sitting on that pink cloud. The prick will remain. As he did. 

Sgt Soros Tue, 08/08/2017 - 13:31 Permalink

Unfortuately we have many African leaders carrying around square pegs and trying to insert them into round holes. It's a damn shame that their people are to scared to rise up!

LindseyNarrate… (not verified) Tue, 08/08/2017 - 13:35 Permalink

EVERY nation that has EVER been ruled-over by a Black leader, has seen its nation, its people, and its quality-of-life, DRIVEN-INTO-THE-MOTHER-FUCKING-GROUND. Those savages in Africa did not even build a two-storey structure, until the genuinely White, sophisticated people came to that untamed and savage land, to teach those literally retarded-level IQ people how to efficiently build structures, and use the land. No more excuses for this fucking savagery, Ladies and Gentlemen.  Those "people" are NOT like us, and THEY NEVER WILL BE, because, GENETICALLY, THEY ARE NOT ON-OUR-LEVEL. Lindsey

1.21 jigawatts Tue, 08/08/2017 - 14:46 Permalink

Wow, that drop off makes PMs look like they're going to the moon. Boy, I sure hope the Dollar crashes like that so my pet rocks can FINALLY make some gains. The thing that sucks is that I just found out about PM ETFs yesterday. 

PGR88 Tue, 08/08/2017 - 16:32 Permalink

hidden, no confidence vote in the leader of the governming party?  South Africa is practising Democracy, no doubt about it.Isn't that something to be happy about?

tangent Tue, 08/08/2017 - 17:00 Permalink

The difference between idiots and smart people is that when a decision is made by a smart person, and the decision results in disaster, they will change their mind and go back to the way things were before the idiot mistake. An idiot will double down. Venezuela doubled their socialism. South Africa doubled their anti-white racism. So they both will be in permanent hell as they are idiots.The problem they had in ending the elite white rule is that the people who were ruling were smart (or less stupid), while the new rulers are idiots. In theory there are at least hundreds of thousands if not millions of genuis level blacks but good luck finding one in public office in South Africa. Of course people with high IQ don't like criminals, and so don't like the governments we have enough to join them.

Last of the Mi… Tue, 08/08/2017 - 18:33 Permalink

Whitey in South Africa best be packing his shit. It is the inevitable return to dirt, caves, feathers, and dancing all night after dismembering the white devil. Time to go.

are we there yet Tue, 08/08/2017 - 18:44 Permalink

There goes the neighborhood (on an entire country).
White flight from SA will turn it slowly into a country wide ghetto. It always does, everywhere, all over the world, repeatedly across time. Too bad there is no way to buy shorts on SA's future. It would be a sure easy investment.