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Jacob Zuma’s Fate Hangs in Secret Parliament Vote [Bloomberg Business News]

ABERDEEN ASSET (ABDNY) 
NASDAQ:AMEX Investor Relations: standardlifeaberdeen.com/investors
South African President Jacob Zuma faces the biggest threat to his eight-year rule on Tuesday when the 400-seat parliament votes on a motion of no confidence in him by secret ballot. The debate on the motion, which needs a simple majority to pass, began shortly after 2 p.m. in the National Assembly in Cape Town and is scheduled to last 85 minutes, whereupon ballots will be cast and tallied in the chamber. Baleka Mbete, the speaker of the assembly, would become acting president should Zuma be ousted and the chamber must then elect a replacement within 30 days or general elections will be called. Zuma’s entire cabinet would have to step down. Zuma’s tenure has been marred by a succession of scandals that have weighed on investor confidence and helped push the economy into recession. While the ruling party has urged its members not to allow an opposition-party motion to bring down its government, Zuma’s fate will rest on dozens of African National Congress lawmakers angered by his Show less Read more
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