Looters Walking Free Undermine Ramaphosa’s Anti-Graft Pledge

(Bloomberg) -- South African President Cyril Ramaphosa has pledged that those responsible for plundering taxpayer funds during his predecessor Jacob Zuma’s rule will face prosecution. Investors and the public at large will still need convincing.More than 500 billion rand ($34 billion) may have been stolen during Zuma’s nine-year tenure, and “some people” say the figure could exceed 1 trillion rand, Ramaphosa told a conference hosted by the Financial Times in London on Mon