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Former public protector Thuli Madonsela also pointed out that the commission of inquiry may only focus on state capture allegedly committed by the Zuma and Gupta families, reported News24.

Soon after the ruling, Zuma applied to appeal the ruling, saying the decision to call for a commission of inquiry into state capture was based on "untested suspicions" and "prima facie evidence".

While the South African media is interpreting president Jacob Zuma's announcement of a state capture inquiry as a sign of his capitulation, the devil may yet be found to be lurking in the detail.

The president has been accused of allowing the controversial Gupta family to covertly take over government reigns.

"Zuma has lied to us as a nation so many times, I take it with a pinch of salt when he says Zondo's name was given by [the] chief justice".

Zuma said he requested the Chief Justice to provide him with the name of the judge to head the commission.

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"Accordingly, by making more resources available, it is my honest hope that the commission will be able to reach many of those areas of concern that may not have been reached by the public protector's investigation, but form part of what she might have investigated, had she had sufficient resources to do so".

Ramaphosa is set to distance himself from Zuma as the ANC seeks to retain its absolute majority in next year's general elections even if the latter still retains a constituency of support within the movement after 10 years as its leader.

This is according to Legalbrief legal expert, Pam Saxby, who said that a key sentence in the lengthy statement could be interpreted as a precursor of what is to come when the terms of reference of the commission are decided.

The report recommended that‚ because Madonsela did not have enough funds to finalise the investigation‚ Zuma appoint a commission of inquiry to complete the investigation. "It must be properly staffed, fully funded and free from any political inference", DA leader Mmusi Maimane said in a statement.

While the rand did reach a two-session best of 12.2775 briefly on Tuesday, gaining around 1 percent on rumours that President Jacob Zuma has stepped down, it quickly retreated to above 12.30. "There is no room to expand the commission to include what was never investigated", she said.