DEPUTY President Cyril Ramaphosa and his delegation have arrived in Davos to take part in the World Economic Forum (WEF) annual meeting.
The IMF's revision is based on data from before the ANC's elective conference in December 2017, and thus does not factor in Ramaphosa's election win.
Deputy President Ramaphosa participated in a WEF breakfast session on Peace Building in Africa where President Condé delivered the opening remarks while President Paul Kagame of Rwanda, and with whom the Deputy President has held discussions at WEF, closed the session.
Deputy President Ramaphosa will meet British Prime Minister Theresa May, Danish Prime Minister Lars Løkke Rasmussen as part of forging partnerships between South Africa and members of the worldwide community that will be mutually beneficial and will contribute to the resolution of issues facing the global community. While Zuma's second term is due to end in mid-2019, and the ANC has said its newly elected top six leaders will determine when he should step down.
"Constitutionally speaking, he still has 18 months".
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When asked if Zuma was feeling anxious about the transition, Ramaphosa said he was human, and any human would be.
"You have a lot of the rand hedges, the likes of British American Tobacco all weaker this week mainly being tied down by a firmer rand", said GT247 trader Paul Chakaduka.
He said his key interest is moving the country forward, not focusing on individuals. "It's not so much about what happens to an individual".
"Firstly‚ to set up a commission of inquiry to go into the full mess that we have been having over the years‚ of state capture where a few individuals‚ a few companies have captured our state institutions and were just stealing money left‚ right and centre".
"Everyone agrees that our state was captured by corrupt elements, by people who purported to be close to the president, who have been doing really bad things", he told the BBC.