Make Dlamini-Zuma Interim President and I'll step down

WATCH: ANC on readiness of 106th birthday bash

Zuma lists conditions for stepping down as president: report

South African shares firmed on Friday, supported by resources stocks lifted by better than expected Chinese trade data, while the rand slipped in cautious trading ahead of a weekend speech by the leader of the ruling African National Congress party.

This was mere speculation, newly elected ANC Secretary-General Ace Magashule told reporters in East London, Eastern Cape Province, where the ANC will celebrate its 106th anniversary on Saturday.

The ANC has dismissed rumours that former AU chairperson Nkosazana Dlamini Zuma will succeed Jacob Zuma as state president.

Ramaphosa, however, has reportedly turned down Zuma's demand for Dlamini-Zuma to be appointed Interim President and has suggested either Human Settlements Minister Lindiwe Sisulu or National Assembly Speaker Baleka Mbete be appointed to the position temporarily.

"It is quite clear that Ramaphosa is not equal to the task of getting rid Zuma as the majority of the ANC is still made up of corrupt and selfish leaders who put filling their own pockets before the needs of the people‚" Van Damme said.

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Magashule also confirmed that Zuma will attend the ANC's 106th anniversary celebration on Saturday.

"If it is seen as a president Zuma win, it will hamstring Ramaphosa to the point where people will say he's too soft and not in charge".

Magashule explained that Zuma will attend the rally in his capacity as an ex officio member of the NEC.

The January 8th Statement is delivered each year to mark the ANC's birthday.

This will be Ramaphosa's first January 8th Statement since his election as president of the ANC in December. "It will be the beginning of us mobilising our people for a decisive victory in 2019", Magashule said.

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