Johannesburg, South Africa — Speculation surrounding the succession of South African President Cyril Ramaphosa within the African National Congress (ANC) has reached new heights with the emergence of Tokyo Sexwale, a former anti-apartheid activist and mining magnate, as a potential successor.
As Ramaphosa’s second term approaches its end in 2029, the ANC’s December 2027 conference is set to be pivotal in determining the party’s leadership. Sexwale, who has been linked to high-profile business ventures and political ambitions, has reportedly been pushed by ANC structures in KwaZulu-Natal to return to frontline party leadership. His name has been mentioned alongside that of Patrice Motsepe, another billionaire, in discussions about the future of the ANC.
According to reports, a group called “Tokyo/Mvela Perspective “has produced a document aimed at stimulating internal debate on the succession within the ANC.
The document highlights Sexwale’s credentials, including his struggle history, governance experience, and ethical standing, as qualities necessary for stabilizing the party during uncertain times. Despite the speculation, Sexwale has expressed reluctance to contest for the ANC presidency under the current political climate. He suggested that his role might be more impactful as a supporter of a future ANC presidential candidate rather than as a direct contender.
The renewed interest in Sexwale and other business magnates reflects the growing concern within the ANC over investor confidence, economic stagnation, and the party’s ability to maintain political dominance ahead of the 2029 general election.
As the ANC grapples with its leadership and policy redefinition, the influence of South Africa’s billionaires is increasingly being scrutinized for their potential impact on the country’s political trajectory.
*Additional reporting by ImNews | Sources consulted: 5*
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This original article was produced by the ImNews editorial team
Source: Africa.businessinsider
Source: Solomon Ekanem
