A corruption scandal from the past has returned to haunt Ramaphosa.

Controversial South African President ​Cyril Ramaphosa is resisting calls to resign.

It revolves around a scandal from four years ago, in which thieves stole bundles of ‌cash in foreign currency that were hidden in a sofa on Ramaphosa’s ranch.

A scandal that led South Africa’s President Cyril Ramaphosa to consider resigning four years ago has come back to haunt him. Here’s what to know about the cash-in-a-sofa saga.https://t.co/lXjpolWZIC

— Bloomberg (@business)May 12, 2026

“In a televised address to the nation, Ramaphosa said he respected a constitutional court ruling that revived impeachment proceedings against him last week but pledged to defend himself.

‘While there have been calls in some circles that I should resign, nothing​in the Constitutional Court judgment compels me to resign my office’, Ramaphosa said.”

I therefore respectfully want to make it clear that I will not resign.

To do so would be to pre-empt a process defined by the Constitution.

To do so would be to give credence to a panel report that unfortunately has grave flaws.

Source: The Gateway Pundit