South Africa's graft-tainted president Jacob Zuma has announced a probe into corruption at the highest levels of the state after parliament indicated it would this week deliberate procedures for impeachment.
The president said that "this matter can not wait any longer".
President Jacob Zuma's cheerleader‚ the ANC Youth League‚ has vowed to oppose any attempts to have him recalled at Wednesday's special national executive committee (NEC) meeting in East London.
The announcement came amid opposition calls for Zuma's impeachment.
"For Ramaphosa to build on the momentum of his ascendancy to ANC president and boost investor confidence, he will only have a relatively short window to remove Zuma", said Mike Davies, the founder of political-advisory company Kigoda Consulting.
It also deeply divided the ANC, which has been in power since the end of white minority rule in South Africa in 1994.
"The commission is a step towards ridding the country of corruption, and must do its work without delay", DA leader Mmusi Maimane said in a statement.
Deputy President Cyril Ramaphosa, who is also the recently elected president of the incumbent African National Congress, will lead a South African delegation to the forty-eighth edition of the World Economic Forum's yearly meeting, which will be held in Davos-Klosters, in Switzerland, from January 23 to 26.
Mr Zuma has been accused of conspiring with a wealthy business family, the Guptas, to control lucrative state contracts.
In his goodbye speech as ANC leader last month, the 75-year-old Zuma acknowledged "failures" that have threatened the party's future and said greed was posing a serious threat.
Transform RSA was demanding "an unequivocal and unconditional undertaking" by the party and its NEC, allies and partners that there would be no intention to discuss or decide on removing Zuma from office.