An advisory panel established by South Africa’s parliament found there are grounds for lawmakers to investigate President Cyril Ramaphosa in connection with a scandal over a robbery at his game farm, a finding that could ultimately cost him his job.
“In light of all the information placed before the panel, we conclude that this information discloses, prima facie, that the president may have committed” violations of sections of the constitution, it said in the report published on Wednesday.
The rand weakened as much as 1.6% to an intraday low of 17.2720 per dollar after the report was released.
