Unemployment is up. The stock market is down. Let's party.

Despite the bleak economy, JACOB Zuma will spend R75 million to celebrate his inauguration as President of South Africa, where the financial downturn is expected to drive unemployment to 43 per cent.

As crashing commodity prices and lower foreign investment cripple his country, Mr Zuma has invited kings and presidents to be among 4000 people at the Union Buildings in Pretoria on May 9.

Government says it will be pulling out all the stops for the presidential inauguration of African National Congress leader Jacob Zuma.

One hundred invitations have already been sent to heads of state around the world but government says leaders who have come to power through coups and are not recognised by the United Nations, the European Union and Southern African Development Community will not be attending the event.

Mugabe to attend Zuma inauguration

There will certainly be some people who may feel very let down by not receiving an invitation. But President Robert Mugabe appears certain to be among distinguished guests.

Tibetan spiritual leader, the Dalai Lama, may be getting used to being snubbed by South Africa - he’s not invited - but some African heads of state will have to learn that not everyone can be on the A-list.

Sudanese President Omar Hassan al-Bashir is one name that does not feature, according to sources.

But since he is considered a fugitive from the International Criminal Court (ICC), accused of war crimes and crimes against humanity in his country’s Darfur region, he would have risked arrest if he attended the ceremony that will be held at the Union Buildings in Tshwane (Pretoria).

South Africa is a signatory to the Rome Statute of the ICC, meaning that it would have been obliged to arrest Al-Bashir and hand him over to the court at the Hague in the Netherlands for trial if he turned up, even if the government, like those of most other African countries, was opposed to his being indicted.

Among other African heads of state unlikely to have been included are the leaders of Madagascar, Mauritania, Guinea-Bissau and Guinea, because all are seen as having ascended to power in their countries through undemocratic means.

The guest list for the gala event, which is expected to feature special touches indicating the individual flavour of Zuma, will certainly include Zimbabwe’s president, Robert Mugabe, and other African leaders.

Libyan leader Muammar Gaddafi has also received an invitation, but government spokesman Themba Maseko said on Monday the list of those who have sent their RSVPs has yet to be finalised.

What is certain is that the inauguration will see many heads of state from all corners of the world, as well as premiers, local royalty and representatives from bodies such as the United Nations, the African Union and the Southern Africa Development Community.

Ordinary South Africans will also be there, with tens of thousands expected to be bused in on the day, to take their place on the Union Building’s lawns to celebrate Zuma’s inauguration as the next head of government.

Government spokesperson Themba Maseko says the event will be spectacular.

"Thousands of South Africans have also been invited to be part of the celebrations. We are putting a lot of plans in place to make sure that the event becomes [one] that all South Africans can be proud of," says Maseko.

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