Public Management

S. African Parliament Speaker resigns amid corruption scandal, shaking ANC ahead of elections

S. African Parliament Speaker resigns amid corruption scandal, shaking ANC ahead of elections
Thursday, 04 April 2024 19:28

South Africa's Parliament Speaker, Nosiviwe Mapisa-Nqakula, has announced her resignation in the wake of a corruption scandal. The announcement, made on April 3, comes as the ANC faces a critical test in the upcoming elections, with its reputation tarnished by a series of corruption scandals.

Mapisa-Nqakula, a member of the ANC and former Defense Minister from 2012 to 2021, is under scrutiny for allegedly accepting bribes totaling 2.3 million rands from a military contractor during her tenure in government. She potentially faces 12 charges of corruption for soliciting bribes amounting to a total of 4.5 million rands.

In her statement, Mapisa-Nqakula expressed her decision to step down to fully dedicate herself to the ongoing investigation against her. “I believe that, at the right time, I will have the opportunity to thoroughly address these allegations as and when they have been formally brought against me in the appropriate forums, at which time I will clear my good name," she said, affirming her innocence and determination to restore her good reputation.

This latest scandal hits the ANC at a time when it is already reeling from allegations of corruption involving senior party officials, including the legal troubles of former president Jacob Zuma and the recent impeachment scare faced by President Cyril Ramaphosa in the "Phala-Phala" financial misconduct case. With the May 29 elections looming, the Mandela-led party confronts the possibility of securing less than 50% of the national vote for the first time in its history, reflecting a trend seen in recent municipal and local elections, as noted by the Africa Center for Strategic Studies in a January 2024 publication.

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
• Egypt to build 1.1 GW solar plant with 200 MWh battery storage in Nagaa Hammadi• $479.1 million in international funding led by BII, AfDB, and...
• Senegal launches $526 million bond amid stalled IMF program talks• Fixed rates offered: 6.60% (5 yrs), 6.75% (7 yrs), 6.95% (10 yrs)• Funds to...
Ucamwal plans three new funds in Côte d’Ivoire, including Halal and women-focused options Two mutual funds—Ucamwal Diversified and Ucamwal...
• Wafa Assurance offers to acquire 51% stake in Cairo-listed Delta Insurance• Deal values Delta at EGP5 billion ($317 million), priced at EGP40 ($2.52)...
Most Read
01

• Maritime sector faces renewed risks amid military tensions in the Middle East• Blockade fears at S...

Israel-Iran conflict raises new threats for global shipping and oil trade
02

This launch is a significant milestone that highlights Rwanda's ongoing digital transformation. With...

MTN Rwanda Launches 5G Network in Kigali, Paving Way for Nationwide Expansion
03

Egypt signs deals to import up to 290 LNG cargoes over 30 months, starting in July Trafigura,...

Egypt secures 290 LNG shipments ahead of peak summer electricity demand
04

• WAEMU’s inflation dropped from 2.2% in March to 1.5% in April 2025• BCEAO attributes the decline t...

WAEMU Inflation Rate Falls to 1.5% in April 2025
05

Government unveils plan to boost cybersecurity after attacks on public platforms Measures inc...

Morocco launches new cybersecurity strategy as attacks on state systems rise
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

Benjamin FLAUX
bf@agenceecofin.com 
Téls: +41 22 301 96 11 
Mob: +41 78 699 13 72
Média kit : Download

EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.