Daily News

ANC moral, political decline ruining our economy

-

KZN ANC Commissar Sihle Zikalala’s diagnosis at the ANC provincial council meeting that the country is facing “economic warfare” from “Western monopoly capitalism” is vintage communist fulminatio­n, which echoes Stalinist rhetoric of the 1930s when the five-year plans and collectivi­sation of agricultur­e were failing.

Zikalala’s claims are based on deceit. The ANC’s friendship with China is increasing­ly becoming a critical factor in the economy – not Western capitalism. That is the reality.

Has Zikalala not noticed that South Africa is China’s second- largest investment recipient?

Is he not aware that China has a 20% holding in Standard Bank?

That Chevron’s (Caltex) operation has been taken over by China?

That China has substantia­l holdings in metals and minerals companies, such as Sinosteel, Blue Ridge and Shanduka Gold?

That the ANC’s Gupta friends from India have virtually captured the state through manipulati­on and unscrupulo­us actions?

And they have certainly captured the ANC faction of which Zikalala is the mouthpiece?

Indeed, it is common knowledge that China is leading the new scramble for Africa. But such reality does not accord with Zikalala’s agenda, which is to obfuscate and deny that not only has his ANC faction run out of road, but that their moral and political bankruptcy is the cause of the downward economic spiral.

The only correct perception in Zikalala’s rant is that his opponents seek more than the removal of Jacob Zuma; they seek the removal of the ANC from power. Quite right.

In the words of RW Johnson ( How long can South Africa survive): “What is clear beyond reasonable doubt, is that ‘liberation’ has failed and (instead) produced a regime that is incapable of governing South Africa as a free, democratic and functionin­g country” (page 238). DR DUNCAN DU BOIS

Bluff

 ??  ?? SIHLE ZIKALALA
SIHLE ZIKALALA

Newspapers in English

Newspapers from South Africa