johannesburg cyril ramaphosa new leader south africa govern anc party say thursday aim stamp corruption pursue policy radical economic transformation speed expropriation land without compensation ramaphosa 65-year-old union leader become businessman one south africa rich people likely become country next president elections 2019 party electoral dominance promise fight rampant corruption revitalize economy hail foreign investors conference resolve corruption must fight intensity purpose fight poverty unemployment inequality ramaphosa say maiden speech close five-day party meet elect must also act fearlessly allege corruption abuse office within rank say early hours thursday long delay ramaphosa south africa deputy president elect new leader african national congress anc monday succeed president jacob zuma party head zuma presidency become taint corruption allegations ramaphosa narrow victory former cabinet minister african union commission chairwoman nkosazana dlamini-zuma 68 see pivotal moment anc launch black-majority rule nelson mandela leadership 23 years ago deeply divide image tarnish ramaphosa pay tribute zuma speech say anc would unite despite fractious campaign zuma back ex-wife dlamini-zuma anc top job however investors concern ramaphosa may able push policy change anc top decision-making group know top six split middle three politicians apiece draw ramaphosa camp dlamini-zuma analysts warn division party presidency hold ramaphosa state presidency zuma hand could lead policy uncertainty paralysis mr. zuma instance still occupy south africa presidency cohabitation may cause period policy uncertainty capital economics africa economist john ashbourne say note expectations ramaphosa would win anc race push rand 12.5200 per dollar monday firm since march 27 cabinet reshuffle zuma rock market trigger credit rat downgrade junk rand weaken tuesday firm wednesday investors continue digest much clout ramaphosa wield victory ramaphosa loss zuma say geoff blount manage director bayhill capital zuma face allegations corruption since become head state 2009 deny wrongdoing president also face allegations friends wealthy gupta businessmen wield undue influence government zuma guptas deny accusations ramaphosa allude allegations speech say state level must confront reality critical institutions state target individuals families exercise influence manipulation governance process public resources say weaken state-owned enterprises africa industrialize economy south africa continent traditional powerhouse lethargic growth last six years jobless rate stand near record level ramaphosa also warn corporate executives must investigate without fear favor so-called account irregularities cause turmoil market wipe billions investments ordinary south africans say south african furniture retailer steinhoff embroil scandal account irregularities wipe 10 billion market value past two weeks ramaphosa also say would aim expedite job creation improve lackluster economy speed transfer land black people two decades end apartheid anc pressure redress racial disparities land ownership white land conference resolve expropriation land without compensation among mechanisms available government give effect land reform redistribution ramaphosa say say land transfer would speed radical economic transformation program vague anc plan tackle racial inequality south africa 's new anc leader ramaphosa aim fight corruption