The new president of the leading political party in South Africa has inspired business confidence, with his pledges to tackle corruption within the country as well as his proven business savvy. The initial domestic catalyst for rand strength was the election of new African National Congress (ANC) president, Cyril Ramaphosa. The tweets were at pains to point out that these were "scheduled routine meetings of Cabinet committees in Cape Town".
"The postponement of the SONA also leaves no room for doubt that the sentiment in the ANC is that Mr Cyril Ramaphosa should deliver the address and not President Jacob Zuma".
The power struggle has brought much of government grinding to a halt, postponing indefinitely the ceremonial opening of parliament, due tomorrow, and threatening to further tarnish the image of the ANC, ...
Ramaphosa has put the focus on rooting out corruption and revitalising economic growth since defeating Zuma's preferred successor, Zuma's ex-wife Nkosazana Dlamini-Zuma, in the ANC leadership race.
But Zuma loyalists have said that the serving president should complete his second and final term in office, which would end when elections are held next year.
The delay heightened speculation that Mr Zuma could finally yield to calls to step down.
Ramaphosa said he was aware that the uncertainty surrounding Zuma's position was a cause for concern for many South Africans, but was confident of reaching an outcome to unite the country.
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Zuma also faces another no-confidence vote against his leadership in parliament on February 22, brought by the ultra-left Economic Freedom Fighters party.
Parliament speaker Baleka Mbete told television broadcaster eNCA that Ramaphosa would soon give an update on the expected transition of power.
The Nelson Mandela Foundation has also urged him to step down.
Jacob Zuma during the nominations process at the ANC's national conference on 17 December 2017.
This is according to newly elected ANC treasurer-general Paul Mashatile‚ who as early as Tuesday night had already given a strong indication that the party's top brass was preparing to oust Zuma if he did not resign.
The Guptas and Zuma have denied any wrongdoing.
Mr Ramaphosa is now the front runner to succeed him as president.