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Episode details

World Service,18 Dec 2017,26 mins

South Africa's ANC Picks Ramaphosa As Leader

World Business Report

Available for over a year

South Africa's ruling African National Congress (ANC) has selected Cyril Ramaphosa to succeed President Jacob Zuma as the party's leader. Lerato Mbele takes a look at what the decision might mean for the countries economy. Also on the programme, we hear about another record breaking day on Wall Street, and get reaction to President Trump's warning that the US faces an unprecedented threat militarily and economically from China and Russia. The European Commission has launched an inquiry to determine whether the Swedish furniture giant Ikea is avoiding tax, and we have a report from Taiwan on efforts to improve the image of tea drinking among the country's young. (Picture: Cyril Ramaphosa hugs defeated fellow leadership candidate Nkosazana Dlamini-Zuma. Credit: EPA.)

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