De Beer: How Zuma-Ace pact will hurt ANC, boost Multi-Party Charter

Loading player...
With only months before the national elections, some political figures are making big moves.  Neil de Beer - who spent 32 years in the African National Congress (ANC), but left in disgust to form the United Independent Movement (UIM), a party that has joined the multi-party charter to oust the ruling ANC - speaks to BizNews about how the “United Front” formed by the new political parties of former President Jacob Zuma (MK) and former Free State Premier and ANC SG Ace Magashule (ACT - African Congress for Transformation) will damage the ANC, but bolster the Multi-Party Charter.  “…every day that another group splinters from the ANC…that 50 plus 1 becomes much more realistic to obtain,” he says. De Beer talks about the Economic Freedom Front’s (EFF) need for a “bigger brother”; the retirement of Dr Nkosazana Dlamini-Zuma whose Presidential ambitions were narrowly thwarted by Cyril Ramaphosa; the election prospects of the Multi-Party Charter; the rumoured election date of 22 May; and the strategy to beat the ANC’s election-winning trick of bussing in millions to vote. He also deals with the “dark side” of politics that has kept Police Minister Bheki Cele in his job - despite a clear lack of qualifications and performance. - Chris Steyn
14 Jan 2024 9AM English South Africa Investing · Business News

Other recent episodes

Andy Calitz on Eskom, the job he didn't get, and what came next

He was on the shortlist to run Eskom and lost out to André de Ruyter. Years later, Andy Calitz, who ran South Africa's transmission grid before a career that took him from Shell to Gazprom's control room and the helm of LNG Canada, still thinks about it most weeks. In…
25 Sep 3AM 55 min

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