JOHANNESBURG — President Cyril Ramaphosa South Africa on Saturday said that he wouldn’t resign and He would rather challenge a report by the parliamentary committee that suggests he may be illegally covering up a crime at his private farm. This ends days of speculation that perhaps he will resign than face impeachment.

Mr. Ramaphosa’s spokesman, Vincent Magwenya, said in a statement that the president would heed the call of his supporters within the African National Congress and Keep him in office and continue his efforts to seek re-election as the party’s leader.

“The president has with humility and great care and commitment accepted that call to continue being of service to his organization, the A.N.C., and to the people of South Africa,” Mr. Magwenya said.

The President’s Decision to Stand his ground caps a rollercoaster week in which the report was published and Mr. Ramaphosa appeared to be leaning towards resignation. His closest advisers however encouraged him. to Fight back against accusations that he has violated his oath.

Mr. Ramaphosa Has not yet to Since the Wednesday publication of the report, there have been no public reactions and His office assured the nation that he would be speaking soon. He has denied any wrongdoing in the past. and Has not been charged for a crime.

Now Mr. Ramaphosa, a billionaire investor who was among Nelson Mandela’s favorite allies and Once viewed as a champion of good government, will no longer be. to His campaign can be quickly recalibrated to Win a second term in the A.N.C. leader. The party has been in power since 1994 when apartheid was ended. to Convene the conference, where it selects its leaders in Johannesburg in less that two weeks. Mr. Ramaphosa held a comfortable lead in the contest before the report’s release.

This report was drafted by two ex-judges and A lawyer examined the allegations against Mr. Ramaphosa It was successful to Cover up the theft of large amounts of U.S. Currency hidden in a sofa at his game farm. In the wake of the February 2020 burglary, the president denied any wrongdoing. According to him, the $580,000 that a Sudanese man had paid for 20 buffaloes was taken. and He reported it to He assumed that a formal investigation would be done by the head of presidential protection. He claimed that he didn’t receive any salary from the farm. and He said that it was something he enjoyed.

However, the panel stated that Mr. Ramaphosa’s story had many gaps, and It cast doubt as to whether the money taken was actually from the sale of buffalo. The report said that the president may have violated the Constitution’s prohibition on public officials conducting private business, and He may also have been in violation of anti-corruption laws. to Report the theft to The police.

The president’s allies have openly rejected the report’s findings, saying that they were based on speculation and Nothing was conclusive. to It is possible that the president was guilty of any wrongdoing. His legal team was busy preparing a brief to request that a judge review his report. and It should be thrown away

“It is in the long term interest and sustainability of our constitutional democracy and well beyond the Ramaphosa presidency that such a clearly flawed report is challenged,” Mr. Magwenya said.

Even Mr. Ramaphosa vows to He is determined to continue his journey, but it comes with a very uncertain fate. A.N.C. Leaders are scheduled to meet on Sunday and Monday to Discuss the report and Decide the organization’s stance toward its leader. On Tuesday, Parliament will be established to debate the report’s findings, and Analysts predict that the legislature will vote. to Organise an impeachment proceeding.

Mr. Ramaphosa Two-thirds of members of Parliament (controlled by the A.N.C.) vote against him and he would be removed from office. No South African president has faced an impeachment hearing — let alone been removed from office — since the country’s first democratic elections in 1994.

However, Mr. Ramaphosa Although he might be able to survive an impeachment, his reputation is not good and could hamper his efforts. to Remain the leader of his party and Help the A.N.C. Keep the A.N.C. in control of the next election in 2024.

Mr. Ramaphosa came to Power in the A.N.C. 2017 and After Jacob Zuma’s death, he took over as president of the country in the year that followed.

Mr. Ramaphosa Set out to clean up institutions seen as corrupt, including the national prosecutor’s office and The national revenue service. He unveiled several measures in October. to Based on the recommendations of a judicial committee that conducted a three year investigation into corruption in public life, 300 witnesses were interviewed.

Mr. Ramaphosa’s agenda at home and He was loved abroad to The world’s greatest leaders. He was often unafraid to challenge what he perceived as the West’s paternalistic attitude toward Africa. He demanded that Covid vaccines are manufactured on the continent. and The wealthy provide substantial financial support to the poorer nations to Transition to Renewable energy sources

However, he has had to face stiff headwinds at home and within his factionalized political parties. He will be to These divisions can be navigated if the user wishes to Hold on to power at conference, which analysts predict will produce a tight battle for the A.N.C.’s top spot.

A section of the A.N.C. It is composed of former president’s supporters. Ramaphosa He did very little to Make an agenda to In a country that has many people without jobs, help to lift up the masses and Having trouble to get by. They were also skeptical about Mr. Ramaphosa’s anti-corruption agenda, accusing him of using it as a cover to His detractors in the party should be ignored.

But Mr. Ramaphosa’s allies see him as a bulwark against the corruption that has been so prevalent in the A.N.C., that it has led to a significant dip in the party’s electoral support. They claim that Mr. Ramaphosa If the party’s members resign, those who are motivated by a gain from state resources could seize control.

One of the president’s supporters, Zamani Saul, the premier of the Northern Cape province, lauded Mr. Ramaphosa’s efforts to He declared that he must fight corruption to Win a second term “in order to complete his mission and put the country in the right direction.”

“Many people,” Mr. Saul also added “have got confidence in him.”