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JOHANNESBURG — President Jacob Zuma has survived yet another motion of no-confidence against him. However, he only just survived and his support base is weakening as just 21 votes separated the two sides. This also means that about 30 ANC MPs voted for Zuma to go. This is still the tightest motion of no-confidence in South African history. – Gareth van Zyl
Rand tanks as Zuma survives again
Cape Town – The rand tanked on Tuesday after President Jacob Zuma survived another motion of no confidence even after the vote was done through a secret ballot.
Altogether 177 MPs voted in favour of the motion with 198 against. There were nine abstentions of the total number of 384 votes cast.
The local unit immediately weakened to R13.39 to the US dollar from an intraday low of R13.11/$.
Although a number of analysts didn’t foresee that the motion would succeed, markets reacted positively on Monday on the back of National Assembly Speaker Baleka Mbete’s announcement that the no confidence vote would be held by secret ballot.
— Alec Hogg (@alechogg) August 8, 2017
The announcement resulted in an immediate strengthening of the rand at the time, with the local currency rallying to under R13.20.
The firmer rand also resulted in a late rally in financial stocks and retailers.
Stanlib chief economist Kevin Lings told Fin24 the failure of the no confidence vote to pass means Monday’s rally was not warranted, as nothing fundamentally changed.
The rand and markets will therefore “drift back weaker” as markets will try to assess what will happen next.
“There would however be a sense that South Africa is moving towards some sort of change in leadership and markets will anticipate some change in December at the ANC’s elective conference. and market may focus on that.
All eyes will now be on the ANC’s elective conference in December this year to see whether Nkosazana Dlamini-Zuma, former cabinet minister and African Union chairperson, or deputy president Cyril Ramaphosa will emerge victorious as the next ANC president.
Press release from Parliament:
Procedure for voting by secret ballot in National Assembly
Speaker of the National Assembly (NA) Ms Baleka Mbete has announced that voting on the motion of no confidence in the President would be by secret ballot, after Members of the NA have debated the motion. The sitting today, to consider the motion, starts at 14.00.
Section 102 of the Constitution provides for motions of no confidence in the President and the NA Rules provide for electronic or manual voting, in accordance with a procedure predetermined by the Speaker and directives to be announced by the Presiding Officer.
The key elements of the procedure for voting by secret ballot are set out below.
Preparation for voting
After the debate on a motion of no confidence, business will be suspended in order to allow for preparation of the NA Chamber for a secret ballot vote.
Bells will be rung to alert Members to the resumption of business and the doors of the NA Chamber will be locked for voting.
The Speaker will announce the procedure to be followed for the casting of votes.
Ballot papers and boxes
The question to be voted upon will be printed on the ballot paper, with the following options: YES, NO or ABSTAIN.
There will be two ballot boxes and four voting booths, of which one will be wheelchair accessible.
The Speaker will direct that the empty boxes be shown to Members and, thereafter ,sealed with cable ties.
Process in the chamber
A control sheet will be prepared beforehand with Members’ names.
Members will be called in alphabetic order to collect ballot papers from the voting table.
Each ballot paper issued will be stamped before being given to a Member.
Names of Members issued with ballot papers will be crossed out on the control sheet.
Members will proceed to one of the four booths and will vote by making a clear mark or cross alongside the YES, NO or ABSTAIN option.
Each Member present must vote and may only vote once.
Once all Members present have voted, the Speaker will direct that the ballot boxes be closed and sealed.
The opening slit on the lid of the ballot box (for insertion of ballot papers) will also be sealed after the ballots are cast.
The Speaker will request each party to designate one Whip or representative to witness the counting process.
Business will be suspended for counting.
A counting room will be set aside and monitored by the Serjeant-at-arms and the Parliamentary Protection Services.
Counting of the ballot papers will take place under the supervision of the Speaker and in the presence of the Whips or party representatives.
All ballot boxes will be opened in the presence of the Speaker, Whips or party representatives.
Votes will be sorted, counted and audited in the presence of the Speaker, Whips or party representatives.
The Secretary to the National Assembly will sign-off the result before handing it over to the Speaker.
No one is to disclose the results, in any way whatsoever, before the Speaker announces the results in the Assembly.
No one may use any electronic devices in the counting room.
Invalid ballot papers
A ballot paper is invalid –
- If it is not stamped
- If it is unmarked or
- If a Member has signed his or her name, or made more than one mark in recording his or her vote.
Announcement of results
Bells will be rung to alert members to the resumption of business.
Once business resumes, the Speaker will announce the results in the NA Chamber.
Storage of voting results
The ballot papers will be stored in archive boxes, which will be sealed with cable ties and wax and stored in a safe.
The archive boxes may only be opened by order of the Speaker or a court of law.
Unforeseen procedural matters
The Speaker may permit a discussion of the question of procedure and may limit participation in, and the duration of, the discussion in such manner as he or she deems fit.
Issued by the Parliament of the Republic of South Africa