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what is the short term outlook for archean chemical industries limited (543657) ✌️【Flexible Hours】✌️ Real-time global stock market trend analysis to help you identify profitable opportunities and improve your investment strategies. South Africa’s former President Jacob Zuma has been expelled from the African National Congress (ANC), the party he once led.

“Former President Jacob Zuma has actively impugned the integrity of the ANC,” ANC Secretary General Comrade Fikile Mbalula outlined at a press briefing on Monday.

“This conduct is irreconcilable with the spirit of organization discipline and letter of the ANC constitution,” Mbalula said, adding that former President Zuma has been running on a dangerous platform that casts doubts on our entire constitutional edifice,”

what is the short term outlook for archean chemical industries limited (543657) ✌️【Flexible Hours】✌️ Free access to stock market forums, expert advice, and real-time data to help you stay informed and grow your investments. The expulsion comes after the ANC announced it had suspended Zuma’s membership on January 29 this year, following Zuma’s declaration of support for a newly formed rival political party, uMkhonto WeSizwe Party (MK party), in December 2023.

In January, the ANC stated that the party is dedicated to nurturing and, when required, correcting its members and leaders.

However, as their renewal efforts intensify, individuals like Zuma, whose actions conflict with the party’s values and principles, will find themselves excluded from the ANC.

Zuma was forced to resign as president in 2018 after a series of corruption scandals and internal infighting in the ANC. He was found guilty of contempt of court by the constitutional court for his refusal to testify to an anti-corruption commission.

In May, the same courtruled unanimously that Zuma was not eligible to run for parliament in the country’s critical general election, capping months of long speculation and legal wrangling on whether the former leader of the ruling ANC would be able to stand for the country’s top legislative body.

Yet, while he was barred from running in this May’s general election, his face remained on the ballot paper for the MK party.

what is the short term outlook for archean chemical industries limited (543657) ✌️【Flexible Hours】✌️ Free real-time global stock trend updates to help you capture market movements and make better investment decisions. The ANC lost its majority for the first time in 30 years in that election, marking the biggest political shift in the country since the end of apartheid. Support for the ANC dropped to 40.18%, a huge slump from the 57.5% it received in the last election in 2019.

what is the short term outlook for archean chemical industries limited (543657) ✌️【Flexible Hours】✌️ Professional investment advice with real-time updates on stock indices and futures data. Stay ahead with expert predictions and market insights. The official opposition party, the centrist Democratic Alliance (DA), received 21.8% of the vote. While Zuma’s MK had nearly 14.59% of the vote.

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