Tidjane Thiam (pictured) said late Sunday, May 11, that he is stepping down as president of the PDCI-RDA. In a video posted on his social media pages, the former Credit Suisse boss said he made the choice because of what he called ongoing “judicial harassment” against him and the party.
“For months now, the PDCI-RDA and I have been under unfair legal attacks,” he said. “This pressure is coming from behind the scenes, but it is pushed publicly by people acting under orders. They just want to push us out of public life and politics.”
Thiam had just been named the party’s candidate for the October presidential election. But his campaign hit a wall after he was taken off the voter list because of questions about his nationality. That decision means he cannot run in the election.
Still, Thiam said he is not giving up on politics. He said he remains loyal to the PDCI-RDA and still believes the party can win. But he also said the constant attacks have made it too hard to lead the party properly right now.
Soon after his announcement, the party called an emergency meeting in Abidjan. According to party rules, the oldest vice president, Ernest N’Koumo Mobio, will take over as interim president.
The party also named Thiam delegate president. In that new position, he will help Ernest N’Koumo Mobio run the party until a new president is chosen.
Thiam resignation has divided opinions inside the PDCI. Some party members say the move is a smart way to protect the party from more political pressure. But others worry it could cause problems, especially with the election just five months away.
Thiam’s decision comes at a difficult time for the party, which is still struggling with internal issues since the death of its former leader, Henri Konan Bédié.
What happens next is not clear. Thiam may just be stepping back for now, or this could be the start of a new path. But he made it clear he has not let go of his goal to run for president.
Tanzania will now require all local transactions to be priced and paid in Tanzanian shillings. ...
U.S. plans to slash 2026 foreign aid by $49.1 billion, targeting global health, education, ...
• MTN to distribute 1.2 million 4G smartphones at $5.42 for prepaid users.• Move supports South...
BCEAO’s gold assets jumped 38% in 2024 to CFA2530 billion ($4.37 billion) Over 90% of the r...
Prices for energy, metals, fertilizers, and food are expected to drop in 2025 and 2026, according ...
Lucara Diamond increased the underground mine construction costs at its Karowe diamond project in Botswana by 25%. The company now estimates the cost at...
AngloGold Ashanti operates only one mine in Guinea, the Siguiri gold mine, in which it holds an 85% stake. Last year, the mine delivered 273,000...
Platinum group metals (PGM) producers in South Africa face falling prices and operational headaches. Companies have cut staff and watched revenues shrink....
Besides its Sadiola mine in Mali, Allied Gold manages the Bonikro and Agbaou mines in Côte d'Ivoire. These two mines delivered a total of 36,676 ounces of...
In Kumasi, the historic capital of the Ashanti Kingdom in Ghana, traditional buildings stand as living testaments to the cultural legacy of one of West...
Just over 50 kilometers from Johannesburg, South Africa, lies Maropeng—the visitor center for the Cradle of Humankind, a UNESCO World Heritage Site and...