Matamela cyril ramaphosa is the fifth and present post-apartheid president of south africa. Following the resignation of his predecessor jacob zuma and a subsequent vote of the national assembly, he took office on february 15, 2018. Widely regarded as a skilful strategist and negotiator, he had been picked as the president of the african national congress (anc) at the anc national conference in nasrec, south of johannesburg in december 2017 as well as the chairman of the national planning commission. He had previously served as the anc's chief negotiator during south africa's transition to democracy. He also founded the biggest and most powerful trade union in south africa, the national union of mineworkers (num), and was instrumental in bringing about a non-violent end to apartheid. Ramaphosa is also a highly successful businessman with an estimated net worth of over $675 million and formerly owned a considerable amount of shares in companies such as mcdonald's south africa and chaired the board of directors at mtn group. While he has never been officially indicted for any crime, he had faced several serious controversies in his career, including the mtn irancell scandal and the marikana massacre.