De Beer: The ANC - just a “carcass” celebrating its 113th birthday

Loading player...
With the African National Congress (ANC) turning 113 today, United Independent Movement (UIM) President Neil De Beer - who spent 34 years in the party - takes BizNews readers through the fall of the oldest liberation movement in the world: He says Vice President Paul Mashatile being chased out of house in Khayelitsha this week is symbolic of how “broken” the party is. De Beer lists the times major cracks appeared in the party: from the incarceration of two ANC stalwarts, United Democratic Movement (UDM) leader Alan Boesak and MK Commander Tony Yengeni, for fraud; the contestation of the leadership of former president Thabo Mbeki; the Zuma cabal’s “slaughter” of the ANC's principles; the collapse of the Youth League following the departure of Julius Malema; the “fiscal abuse” brought about by the formation of factions; and the party’s failure to transition form a liberation movement into a successful government. The ANC of today, says De Beer, “is ripped apart, it's destroyed, it's sunk, it has rust, it has enemies, it is internally and externally being slaughtered piece by piece. And that's where we are with this carcass. What they're to celebrate..., God only knows.”

Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.

The seventh BizNews Conference, BNC#7, is to be held in Hermanus from March 11 to 13, 2025. The 2025 BizNews Conference is designed to provide an excellent opportunity for members of the BizNews community to interact directly with the keynote speakers, old (and new) friends from previous BNC events – and to interact with members of the BizNews team. Register for BNC#7 here.
8 Jan 2025 5AM 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