South Africa’s President Cyril Ramaphosa has refused to resign over a “cash-in-sofa scandal” that continues to haunt his presidency.Ramaphosa, who addressed the nation on Monday to declare his intention to remain in his post, is set to face a multi-party impeachment committee, which will investigate allegations that he covered up a 2020 break-in at his private ranch and the theft of more than $500,000, concealing the incident from police and tax authorities.The committee’s findings could spell his impeachment; however, parliament has not provided a timeframe for the investigation, which has yet to commence.Analysts say the scandal, which has been dubbed “Farmgate”, has been particularly damaging for a president who rode to power in 2018 on an anticorruption mandate, after the much-criticised presidency of Jacob Zuma. Now, eight years later, the case of the cash found stuffed in a sofa at his game ranch could be what takes Ramaphosa down.Can the South African president survive? Here is what we know. Supporters of the Economic Freedom Fighters (EFF) carry placards outside South Africa’s Constitutional Court, after the court ruled on whether the parliament failed to hold President Cyril Ramaphosa to account over the ‘Farmgate’ scandal, involving allegations that foreign currency was hidden at his Phala Phala game farm, in Johannesburg, South Africa, on May 8, 2026 [Siphiwe Sibeko/Reuters]What’s the scandal all about?In February 2020, burglars allegedly b …