Word: mbeki
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Dates: during 2000-2009
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...many, the ANC's new leader, Jacob Zuma, embodies the party's decay. He won the leadership in late 2007 after a vicious fight with predecessor Thabo Mbeki that split the party - and led to COPE's formation. In 2005 his business adviser, Shabir Shaik, was sentenced to 15 years for soliciting bribes for him, and for years Zuma has faced a related prosecution for corruption, racketeering, fraud, money-laundering and tax evasion. Last month, Shaik secured an early release because of hypertension. On April 6, after three years of trying to bring Zuma to court, the National Prosecuting Authority...
...rape in 2006, a charge of which he was acquitted, he revealed he thought a shower could prevent HIV infection. Among his supporters, all that only adds to his appeal: Zuma has a populist following in the townships where his earthiness contrasts well with the élitism of Mbeki...
...from the worst example of a revolutionary movement lapsed into self-enrichment and autocracy. But because South Africa is the continent's biggest economy and natural leader, the ANC is a role model and has influence beyond South Africa's borders. That's not always been a good thing. Mbeki, who succeeded Mandela as President in 1999, tried to forge a middle way between revolution and democracy by calling on the ANC to embrace a "democratic revolution" in government. The approach proved schizophrenic. Mbeki the democrat adopted liberal economics, oversaw impressive growth and won plaudits as a consensus-building peace...
...blame for this poverty by arguing that blacks were free to do what they wanted in the homelands - but had proved unwilling or incapable of developing. It wasn't an argument that washed with their opponents. The Eastern Cape's poverty lit the flame of rebellion in Mandela and Mbeki, both born and raised near the dirt-poor Transkei city of Mthatha, and Steve Biko, who grew up in nearby King William's Town. Even today, both the ANC and COPE claim the Eastern Cape as their heartland...
...world's biggest economy. Another is a global banking collapse. South Africa has a third trigger: the departure of Finance Minister Trevor Manuel. When Manuel, 53, resigned on Sept. 23 last year, the Johannesburg Stock Exchange fell 4% in minutes. Actually, Manuel wasn't going anywhere. President Thabo Mbeki had been ousted in an internal party coup a few days earlier and protocol demanded Manuel step down before being reappointed by Mbeki's successor. When that was explained, the markets recovered quickly...