Graft-accused Ramaphosa's political fate hangs in balance in South Africa

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Graft-accused Ramaphosa's political fate hangs in balance in South Africa
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Political future of President Cyril Ramaphosa hangs in the balance as South Africans wonder whether he would cling to power or resign over accusations of corruption

Ramaphosa has been under fire since June, when a former spy boss filed a complaint with police, alleging he had concealed the theft of a cash haul at his farm at Phala Phala in northeastern South Africa.

The ANC "has never been at a crossroad or been incapable of finding a solution to any matter," Zizi Kodwa, a senior party official and a deputy minister of state security, told reporters outside the venue in Johannesburg. Ramaphosa has denied any wrongdoing and had a wave of support from within and outside the party on Friday.

But he admitted that $580,000 in cash -- which he said was payment for buffaloes bought by a Sudanese citizen -- was stolen from under sofa cushions at his ranch.

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