Is ANC in its death throes? Big political changes loom, but first: get set for state capture round 2

Loading player...
Dr Frans Cronje, CEO of the IRR - the thinktank that played a key role in educating ANC leaders and the demise of apartheid - says the ANC is in the midst of an existential crisis. But, before it disappears, it will push through legislation that paves the way for State Capture Round 2. Dr Cronje, who has worked with Clem Sunter and has a PhD in scenario planning, says the ANC takes the question of whether it can survive the decade very seriously - much more so than business leaders and political opponents. Policy reforms needed to fix the SA economy are too challenging for President Ramaphosa and team to effect - and they do not appreciate what's needed to restore growth to the upward trajectory last seen when Thabo Mbeki was president. The ANC's newfound power through land expropriation without compensation is set to trigger a sweeping seizure of many assets, says Dr Cronje, who steps down at the end of this year. Learn more about your ad choices. Visit megaphone.fm/adchoices
17 Feb 2021 7AM English South Africa Investing · Business News

Other recent episodes

Warren Wheatley breaks his silence on his FSCA debarment

Three trades, R301 in total, and a 20-year ban from the financial sector. Warren Wheatley, the chartered accountant who helped put together the Capitec empowerment deal and went on to found Altvest, now Africa Bitcoin Corporation, broke his silence to Alec Hogg days after resigning as CEO. The FSCA says…
23 Sep 12PM 54 min

Brent Bozell on the US-South Africa breakdown

Six months after warning a Hermanus room full of business leaders that Washington's patience was wearing thin, US Ambassador Brent Bozell returned to BizNews to explain what happened next. Five asks, a 15-day deadline and a six-page reply that, in his words, answered none of them. The result: visa bans…
23 Sep 10AM 40 min

Mchunu, Mrs Matlala, Maumela, Mudzinganyama - and Meyer…

In their weekly chat, Chris Steyn and political commentator Solly Moeng talk about the second seizure of of electronic devices belonging to Special Leave Police Minister Senzo Mchunu; the arrest of tenderpreneur Cat Matlala’s wife, Tskanane; the rape case against suspended Deputy National Commissioner Shadrack Sibiya; the latest testimony at…
23 Sep 6AM 24 min

Ian Cameron: General Sibiya on charges of rape, sexual grooming, human trafficking…

In their latest interview, Chris Steyn and Ian Cameron, the Chairperson of Parliament's Portfolio Committee on Police, unpack a day of high drama with the court appearance this afternoon of suspended Deputy National Commissioner General Shadrack Sibiya who is now facing charges of rape, sexual grooming, and human trafficking. The…
22 Sep 1PM 10 min