S.Africa's Mbeki agrees to party call to resign


  • World
  • Saturday, 20 Sep 2008

JOHANNESBURG (Reuters) - South Africa's President Thabo Mbeki has agreed to step down after the ruling African National Congress asked him to resign, his office said on Saturday.

The ANC's decision to remove Mbeki, who was favoured by investors for his pro-business policies, could raise political instability in Africa's economic powerhouse 14 years after its transition from the end of white minority rule.

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