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Finance Minister Trevor Manuel is among 11 Cabinet ministers and three deputy ministers who have resigned.

President Thabo Mbeki had received their letters of resignation, "which, regretfully, he has had to accept", the Presidency said in a statement on Tuesday.

The Cabinet members who have resigned include Deputy President Phumzile Mlambo-Ngcuka, who earlier in the day announced her decision...

By Michael Appel

Pretoria - Markets remain calm and almost unperturbed by the announcement of the resignation of President Thabo Mbeki delivered in a televised address on Sunday evening, say economists.

"The markets look pretty good at the moment, with the All Share up about 2 percent, the Rand is stable at R8 to the Dollar and bond markets are also stable," economist at Econometrix Treasury Management (ETM), Russell Lamberti told BuaNews, Monday.
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Pretoria - President Thabo Mbeki has thanked South Africans for giving him the opportunity to serve them in the past ten years.

In a moving last address to the nation on Sunday night, Mr Mbeki said he departs the office knowing that South Africa has many men and women who have dedicated their lives to ensure that the country, Africa and the countries of the south will, in time, manage to ensure a better world for all of humanity.

Mr Mbeki said goodbye in all 11 official...

Pretoria - President Thabo Mbeki has told the nation that neither him nor his cabinet had interfered in the work of the National Prosecuting Authority (NPA).

The President delivered a moving address on Sunday night, during which he informed the nation that he had officially tendered his resignation.

"I would like to state this categorically that we have never done this and never compromised the right of the National Prosecuting Authority to decide whom it ...

By Vivian Warby

Parliament - President Thabo Mbeki's resignation may be effective from Thursday, 25 September 2008.

Mr Mbeki told the nation on Sunday, that he had formally resigned as President of South Africa.

Mr Mbeki's resignation letter was read by the Speaker of the National Assembly, Baleka Mbete in Parliament on Monday.

ANC Chief Whip Nathi Mthetwa moved a motion without notice that the House note that Mr Mbeki had submitted his...