Jabulani Khumalo: A “lying” Mpofu, a “bitter” Zuma - and a “joke” GNU

Loading player...
In his second interview with BizNews, the real founder of uMkhonto weSizwe Party (MKP), Jabulani Khumalo, bluntly calls Advocate Dali Mpofu a liar for claiming that he secretly set up MKP with former President Jacob Zuma. However, he says Mpofu was part of a plot to hijack the party he had founded. He also describes how he had guns pointed at him twice after false claims that he was going to deregister MKP. He speaks of how Zuma is making “all these mistakes” because he is bitter and angry - especially at President Cyril Ramaphosa. Khumalo is outraged at the corruption accused in MKP’s top structure - and says they are not in MK to work for the people. “They are in there to fight their battles”. As for the Government of National Unity (GNU), Khumalo says: “For me, it's a joke. People of South Africa need a government that is clean…GNU is doing nothing for the people. They are only trying to safeguard their positions in the government.”
8 Nov 2024 10AM English South Africa Investing · Business News

Other recent episodes

BN Edge | Lesaka is facing hard questions. Ali Mazanderani is answering them

Lesaka grew out of Net1, whose subsidiary's social grants contract ended up before the Constitutional Court. Now it wants to take deposits from the same grant recipients it lends to. In a follow-up to their strategy conversation, Alec Hogg put the harder questions to executive chairman Ali Mazanderani: who carries…
23 Oct 8AM 37 min

BN Edge | Donald MacKay unpacks the bureaucratic black hole in SA trade

A tariff investigation in South Africa is meant to take six months. Donald MacKay, whose XA Global Trade Advisors released its latest import duty report this week, told Alec Hogg the average had stretched to 40 months, and that the oldest open case was old enough to start school. He…
23 Oct 7AM 24 min

BizNews Ricardo Portfolio update: Afrimat, Clicks, Chubb, Teledyne

Alec Hogg went into this episode wanting to sell two shares. The rules he built for the Ricardo portfolios talked him out of at least one. In the first of a new run of Premium portfolio updates, he put four fresh sets of results through the same valuation test: Afrimat,…
22 Oct 8AM 41 min