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South Africa new president to stamp his mark in key speech

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South Africa’s newly-minted president, Cyril Ramaphosa, will deliver his first major policy speech Friday, seizing the chance to offer the country a fresh start after nine bruising years under Jacob Zuma.

The State of the Nation address is an annual mix of political pageantry and policy announcements, but the flagship event was postponed last week as Zuma battled to stay in office.

He was forced to resign on Wednesday after the ruling African National Congress (ANC) party turned against him, and pro-business reformist Ramaphosa was sworn in as president on Thursday.

The fight against corruption, allegations of which dogged Zuma and badly dented investor confidence, are expected to feature prominently in the speech, due to be delivered to parliament in Cape Town at 1700 GMT.

“Issues to do with corruption… are on our radar,” Ramaphosa said after being elected by parliament on Thursday.

He vowed to use his address “to outline some of the steps we are going to be taking” against graft.

Arriving at parliament on Friday, Ramaphosa told journalists he was “a little bit excited, expectant, a little apprehensive” ahead of the speech, but said he was looking forward to the evening.

Revive economy 
After multiple corruption scandals, economic slowdown and falling popularity among voters, the ANC had threatened to oust Zuma via a no-confidence vote in parliament.

Zuma reluctantly resigned, saying he had received “very unfair” treatment from the ANC.

Among the immediate challenges facing Ramaphosa are a gaping 50-billion-rand ($4.3-billion, 3.44-billion-euro) deficit, the threat of further credit ratings downgrades, and 26.7-percent unemployment.

“Ramaphosa will probably remove many Zuma allies in a cabinet shuffle, but only after the budget speech on 21 February,” predicted Eurasia Group analyst Darias Jonker.

“(He) will also go after high-level corruption, particularly the Gupta family and their associates, which include members of the Zuma family.

“This campaign will greatly contribute towards restoring investor confidence.”

The Guptas are a migrant Indian business family who formed allegedly improper ties to Zuma. They are accused of receiving hugely favourable government deals and even influencing cabinet appointments.

Police on Thursday said an arrest warrant had been issued for one of the brothers, Ajay Gupta.

The COSATU trade union federation, an ANC ally, called on Ramaphosa to slim the executive and crack down on government excess.

“Bling lifestyles of the political elite at the expense of the tax payer must be stopped,” it said.

The South African Communist Party (SACP), another ANC partner, said Ramaphosa must prioritise “dismantling of parasitic networks surrounding our state and decisively bringing an end to corporate capture of the state.”

Stocks, currency strengthen
The transition to Ramaphosa saw benchmark South African stocks scoring their biggest gains since June 2016 while the local rand currency reached its strongest level against the US dollar in three years.

In recent years, the radical opposition Economic Freedom Fighters (EFF) party has disrupted Zuma’s annual State of the Nation speech with its lawmakers walking out — or protesting and then being physically ejected from the chamber.

“Walking out of parliament is part of the acceptable practices (of democracy),” said firebrand EFF leader Julius Malema ahead of the speech. “If we need to, we will do that.”

The president’s address is accompanied by much pomp and will feature a 21-gun-salute, military band and the traditional analysis of fashion choices as delegates and guests arrive on the red carpet.

Ramaphosa, 65, is a former trade unionist who led talks to end apartheid in the early 1990s and then became a multi-millionaire businessman before returning to politics.

Zuma appointed him as deputy president in 2014.

 

FOREIGN

Beyoncé Achieves Historic Milestone As Most Certified Female Artist

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Beyoncé is most RIAA certified female artist of all time | fab.ng

Renowned singer Beyoncé has solidified her position as the most certified female artist of all time, a distinction bestowed upon her by the Recording Industry Association of America (RIAA).

Her recent surge in song certifications has propelled her to an impressive total of 103 RIAA-certified titles, surpassing all other female artists in this category.

The RIAA celebrated this monumental achievement in a post on X on Tuesday.

“Crowning achievement! Congratulations to @Beyonce, who now holds the record for the most certified titles for a female artist in RIAA history, including her first two Diamond singles! @parkwood @columbiarecords,” RIAA announced in a post on X on Tuesday.

Among her numerous accolades are Diamond certifications for two iconic singles: “Halo” and “Single Ladies (Put a Ring on It).” These certifications signify extraordinary sales and streaming figures.

Additionally, Beyoncé boasts a string of impressive certifications for her albums. “Renaissance” has achieved 2x Platinum status, “Lemonade” has attained 4x Platinum, and both “Sasha Fierce” and “Dangerously In Love” have earned 7x Platinum certifications.

This latest milestone further solidifies Beyoncé’s legacy as one of the most influential and successful artists of all time.

Her ability to consistently deliver groundbreaking music that resonates with audiences worldwide has undoubtedly contributed to her unparalleled success.

Check out more music updates here.

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“Gladiator II” Becomes Denzel Washington’s Most Successful Movie With $320 Million Worldwide Gross

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Gladiator II is Denzel Washington's Most Successful Movie | fab.ng
Gladiator II has become the highest-grossing film of Ridley Scott’s career. The movie features the legendary actor Denzel Washington.

Known as one of Hollywood’s most respected figures, Washington has built an extraordinary career filled with iconic performances and critical acclaim.

His influence extends far beyond Hollywood, earning him global admiration. However, despite his illustrious career, Washington has not always been the first name associated with record-breaking box office success compared to some of his contemporaries.

His recent collaboration with Ridley Scott has now changed that narrative. Gladiator II has shattered expectations, becoming Washington’s highest-grossing film worldwide.

The movie has earned an impressive $320.2 million globally. This surpasses his previous record-holder, American Gangster, which grossed $267.9 million.

This milestone solidifies Gladiator II as Washington’s most financially successful film directed by Scott.

Domestically, American Gangster has maintained its position as Washington’s top-earning film for 17 years, with a domestic gross of $130.1 million.

However, this record may soon be eclipsed by Gladiator II, which has already reached $111.4 million domestically and continues to draw large audiences.

The success of Gladiator II marks a significant achievement in Washington’s career. It shows his enduring appeal and the powerful collaboration with Ridley Scott.

 

This box office triumph not only highlights Washington’s versatility and star power but also sets a new benchmark for future projects.

Fans and industry insiders alike are watching closely, anticipating how far this latest release will go in redefining the actor’s box office legacy.

READ ALSO: Gladiator II” Records ₦99.1 Million In Its Opening Weekend At The Nigerian Box Office

Throughout his decades-long film career, Washington has taken on a variety of action roles, many of which have been box-office successes.

The Equaliser franchise, for instance, has grossed approximately $190 million worldwide per installment.

Even some of his less critically acclaimed films, such as 2012’s Safe House, achieved significant commercial success, grossing $208.1 million against a budget of $85 million.

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Lee Min-Ho Returns To The Big Screens In Netflix’s “When The Stars Gossip”

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Lee Min-Ho back to the screen in When The Stars Gossip | fab.ng

Lee Min-ho is set to make a triumphant return to the big screens with Netflix’s upcoming South Korean series When The Stars Gossip.

After a well-planned hiatus, the iconic actor will star in this highly anticipated sci-fi romance alongside Gong Hyo-jin.

The series will premiere globally on January 4, 2025. Netflix K-Content announced it with exclusive first-look images that tease a captivating narrative exploring love and life among the stars.

In the series, Min-ho takes on the role of an OB-GYN who becomes a space tourist. Meanwhile, Gong portrays a space mission commander. Their characters promise an exciting dynamic that blends romance and adventure in an interstellar setting.

Renowned as one of South Korea’s most celebrated actors, Lee Min-ho rose to international fame with his breakout role as the charismatic Gu Jun-Pyo in the 2009 drama Boys Before Flowers.

His performance earned widespread acclaim and established him as a key figure in the global Hallyu wave. Over the years, he has enthralled audiences with his performances in hit dramas. These dramas are The Heirs (2013), Legend of the Blue Sea (2016), and The King: Eternal Monarch (2020).

Known for his selective approach to roles, Min-ho consistently curates projects that highlight his versatility, leaving fans eagerly anticipating his next move.

His most recent major project, Apple TV+’s Pachinko, showcased his exceptional acting skills. In seasons one (2022) and two (2024), Min-ho delivered a critically acclaimed performance as Koh Hansu, a morally complex and nuanced character. This role further cemented his reputation as a versatile and skilled actor.

Lee Min-ho’s deliberate approach to choosing projects has elevated the anticipation for When The Stars Gossip. Fans are thrilled to see him return to the small screen in a fresh and compelling narrative.

The series boasts an impressive supporting cast. They include Gong Hyo-jin (When the Camellia Blooms), Oh Jung-se (It’s Okay to Not Be Okay), Han Ji-Eun (Be Melodramatic), Kim Joo-hun (Castaway Diva), Lee El (My Liberation Notes), Lee Cho-hee (Once Again), and Heo Nam-jun (Sweet Home).

Indeed, the show promises to captivate audiences worldwide with its unique mix of sci-fi and romance.

Check out more movie updates here.

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