South Africa's President Jacob Zuma announces his resignation at the Union Buildings in Pretoria, South Africa / Reuters
Jacob Zuma is a South African politician who served as deputy president of South Africa and later as president. He is considered a controversial figure, as he has faced criminal charges, including rape and corruption.
President Jacob Zuma's dismissal of the finance minister and eight other cabinet members has sent the South African rand to a two-year low, raising concerns over the country’s fiscal path and its investment-grade credit rating.
A mass brawl broke out between guards and opposition lawmakers in the South African parliament on Thursday after the opposition sought to stop President Jacob Zuma from taking the floor, hurling a storm of insults at him.
Britain has denied it wants to overthrow South African President Jacob Zuma, following claims by an African National Congress (ANC) spokesperson. Reports suggest the UK military is seeking to prop up the country’s ruling party.
Trade between BRICS countries has increased 70 percent since the group was established in 2009, according to South African President Jacob Zuma. The economies of the five BRICS nations account for almost 30 percent of global GDP.