South African parliament elects Zuma president

CAPE TOWN, (Reuters) – ANC leader Jacob Zuma was  elected president of South Africa by parliament yesterday,  and set boosting the economy and creating jobs as his immediate  priorities.

Zuma, jailed for 10 years under apartheid before going into  exile, is the nation’s fourth head of state since the end of  white rule in 1994.
An eight-year corruption case nearly ruined him, but graft  charges against him were dropped shortly before the election on  April 22, which his ruling party won handsomely.

Aside from fighting poverty, crime and AIDS, Zuma faces the  task of guiding Africa’s biggest economy, which may already be  in recession, through the global financial crisis.

Zuma moved quickly to reassure foreign investors who will be  watching to see if the charismatic former guerrilla steers the  economy to the left despite his assurances of policy continuity.

He also sought to comfort trade union allies who helped him  become president and may want payback in the form of more  government spending.