President Jacob Zuma today withdrew his application to interdict the release of the Public Protector’s report into “state capture” – which will be released on her website before 5pm today.
Twitter was abuzz as many users called for Zuma to withdraw from the presidency as well as the interdict. They also raised questions regarding the money that was wasted on legal fees.
And then there was the speculation about why Zuma withdrew his legal challenge and what his next move will be.
The rand raced to R13.37 to the US dollar after lunchtime after Zuma withdrew his bid.
The report, which focuses on state capture by Zuma’s close friends the Guptas, is expected to be explosive.