This is an OZY Special Briefing, an extension of the Presidential Daily Brief. The Special Briefing tells you what you need to know about an important issue, individual or story that is making news. Each one serves up an interesting selection of facts, opinions, images and videos in order to catch you up and vault you ahead. WHAT TO KNOW What happened? Cyril Ramaphosa, the leader of the ruling African National Congress (ANC), was elected by Parliament as South Africa’s president on Thursday. Jacob Zuma finally submitted to the ANC’s formal resignation demand after a lengthy struggle to retain power. After becoming president, Ramaphosa, 65, told the nation, “Our intent is to continue to improve the lives of our people.” Why does it matter? Ramaphosa’s ascension signals a potential turning point for the country. Zuma’s nine years in office have been marked by a string of corruption scandals, erosion of public trust and a declining economy. Ramaphosa was once a labor leader and a protégé of Nelson Mandela before becoming one of the nation’s wealthiest men. Now the business tycoon–turned–politician must convince a skeptical public that he will fight for South Africa’s ordinary citizens. |