By Global Information Network
NEW YORK | PRETORIA (IDN) – A shakeup in the African National Congress has boosted hopes that new party officials will make a clean sweep of the backroom dealings that have made millionaires out of a small South African elite and punished the majority with high unemployment and a national credit rating downgraded to “junk status.”
Business tycoon Cyril Ramaphosa, newly elected president of the African National Congress, has raised hopes that he will stamp out corruption, expedite job creation, improve the lacklustre economy and speed up the transfer of land to black people.