One of the main arguments adduced by critics of BEE is that this form of crony capitalism can only advance the fortunes of the ruling party and its cronies.
One of the main arguments adduced by critics of BEE is that this form of crony capitalism can only advance the fortunes of the ruling party and its cronies.
Part of the loot the BEE guys get from government contracts will invariably be funnelled to the coffers of the ruling party.
IT billionaire Robert Gumede has now confirmed the verity of this public secret. At the Sandton ANC fundraising shindig Gumede, ever so charmingly, admitted to the truth of this symbiosis.
With Tokyo Sexwale and other tycoons they pledged nearly R30million to the ANC in "support of our constitutional democracy and electoral processes".
But in fairness to Gumede, he also muttered noble statements about funding "all political parties". Yet the question remains: if this R30 million was donated in "support of our constitutional democracy and electoral processes", why is the ANC the only beneficiary?
Why has it not been pooled in a common pot and distributed equitably to all registered parties?
How will the remaining parties access the war chest Gumede suggested should also be made available to other parties? Millions have already been pledged to the ANC. We do not know what - if any - has been pledged to other parties.
Which ANC-aligned business mogul would want to be seen donating to its rivals?
The notion of free and fair elections in South Africa is illusory.
Themba Sono, AFD president
Free elections an illusion
One of the main arguments adduced by critics of BEE is that this form of crony capitalism can only advance the fortunes of the ruling party and its cronies.
One of the main arguments adduced by critics of BEE is that this form of crony capitalism can only advance the fortunes of the ruling party and its cronies.
Part of the loot the BEE guys get from government contracts will invariably be funnelled to the coffers of the ruling party.
IT billionaire Robert Gumede has now confirmed the verity of this public secret. At the Sandton ANC fundraising shindig Gumede, ever so charmingly, admitted to the truth of this symbiosis.
With Tokyo Sexwale and other tycoons they pledged nearly R30million to the ANC in "support of our constitutional democracy and electoral processes".
But in fairness to Gumede, he also muttered noble statements about funding "all political parties". Yet the question remains: if this R30 million was donated in "support of our constitutional democracy and electoral processes", why is the ANC the only beneficiary?
Why has it not been pooled in a common pot and distributed equitably to all registered parties?
How will the remaining parties access the war chest Gumede suggested should also be made available to other parties? Millions have already been pledged to the ANC. We do not know what - if any - has been pledged to other parties.
Which ANC-aligned business mogul would want to be seen donating to its rivals?
The notion of free and fair elections in South Africa is illusory.
Themba Sono, AFD president
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