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South Africa's ANC suspends Malema for five years
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| Contributor | IndyGeorgia |
| Last Edited | IndyGeorgia Nov 10, 2011 09:22pm |
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| Category | Announcement |
| Author | Jon Hershkovitz |
| Media | Website - Yahoo News |
| News Date | Friday, November 11, 2011 03:00:00 AM UTC0:0 |
| Description | JOHANNESBURG (Reuters) - South Africa's ruling African National Congress kicked its firebrand Youth League leader, Julius Malema, out of the party for five years on Thursday after finding him guilty of sowing division.
The decision dealt a major blow to the political career of the controversial Malema and his push to nationalize mines in the world's biggest platinum producer.
South African stocks extended gains after news of the suspension of Malema, 30, who has unnerved investors with his drive to nationalize mines. The rand also firmed slightly after the announcement.
Derek Hanekom, head of the ANC disciplinary panel, said Malema had been found guilty of sowing serious divisions in the party and of bringing the 99-year-old liberation movement into disrepute.
"Ill-discipline is not a cure for frustration," Hanekom said at a news conference.
The party said Malema had the right to appeal to the ANC disciplinary body and any appeal had to be lodged within 14 days. He can also appeal the outcome to the ANC's National Executive Committee -- headed by President Jacob Zuma.
Suspension of Malema should help pave the way for Zuma to secure a second term as ANC leader -- and hence the country's president -- at a party conference in a year. |
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