(SADC) mediation in neighbouring Lesotho. ANC Presidency (2017–present) Election Ramaphosa stood for the ANC presidency in 2017, at the expiry of Zuma's term. Although he received the NUM's endorsement as early as September 2016, his campaign did not begin until April 2017. Under the banner #CR17 Siyavuma, Ramaphosa ran on anti-corruption platform, with an emphasis on economic policies conducive to industrialisation and investment. He was endorsed by Cosatu and the SACP; by the provincial leadership of the ANC's Northern Cape, Eastern Cape, and Gauteng provinces; and by politicians including education minister Angie Motshekga, former finance minister Pravin Gordhan, Cosatu president Sdumo Dlamini, and former KwaZulu-Natal Premier Senzo Mchunu. Ramaphosa's primary opponent was Nkosazana Dlamini-Zuma, who had the endorsement of Zuma, her ex-husband. On 18 December 2017, he was elected the President of the ANC at the party's 54th National Conference, defeating Dlamini-Zuma by 2,440 votes to 2,261. Renewal project In his first speech as ANC leader, Ramaphosa pledged to stamp out corruption in the party. He subsequently spearheaded what he said was a campaign to "renew" the ANC internally and to restore its integrity and public image. Among other things, this campaign entailed the implementation of the new step-aside rule to suspend ANC leaders accused of corruption. This, in turn, led to a confrontation with ANC Secretary-General Ace Magashule, who, upon his suspension from the party in May 2021, attempted to retaliate by suspending Ramaphosa, accusing him of irregularities in the financing of the CR2017 campaign. Magashule's attempt had no legal force because of his own suspension. In December 2022, Ramaphosa was re-elected leader of the ANC, running against Zweli Mkhize, for a second five-year term. The next parliamentary general election is set to take place in 2024, with the ANC largely expected to remain the largest party in South Africa, despite losing 19 seats in the last election. Presidency of South Africa (2018–present) Following President Jacob Zuma's resignation in February 2018, Ramaphosa was elected unopposed as President of South Africa by the National Assembly on 15 February 2018. Ramaphosa took his oath of office in the presidential guesthouse, Tuynhuys, by Chief Justice Mogoeng Mogoeng. Markets rallied strongly the day after Ramaphosa assumed the presidency with stocks rising and the rand reaching its firmest since early 2015. Government bonds also increased in strength. On 16 February 2018, Ramaphosa gave his first State of the Nation Address as the president of