in brief

Finweek English Edition - - THE WEEK -

“I have not met the deputy pres­i­dent – in fact, I have not seen him for years. I heard about Mr Gord­han’s ap­point­ment over the pub­lic news broad­casts. […] Any­way, if I were to have met with Mr Ramaphosa, or any other politi­cian… what would have been wrong with that? Are we re­turn­ing to the dark days of dic­ta­tor­ship and fear?”

– Bil­lion­aire busi­ness­man Jo­hann Ru­pert, in an in­ter­view with the Sun­day Times, re­spond­ing to claims that he in­structed Deputy Pres­i­dent Cyril Ramaphosa to con­vince Pres­i­dent Ja­cob Zuma to ap­point Pravin Gord­han as finance min­is­ter in De­cem­ber, fol­low­ing the shock ax­ing of Nh­lanhla Nene. Ru­pert pub­licly urged Zuma to step down on 23 March, prompt­ing Zuma’s son Ed­ward to lay a charge of cor­rup­tion against Ru­pert, who Ed­ward de­scribed as “an ar­ro­gant white racist who has been loot­ing un­abated”, timeslive.co.za re­ported.

“Per­haps the sad­dest thing about the mal­odour that is the Ja­cob Zuma pres­i­dency is that we all knew from the on­set just how rot­ten it would be. His com­rades in the ANC lead­er­ship knew. Or­di­nary ANC mem­bers knew. The pub­lic knew. The whole world knew. It is there­fore shock­ing to find us be­ing shocked about Zuma sell­ing the coun­try to which­ever bid­der gets to him first.”

– Mondli Makhanya, edi­tor-at-large of City Press, in a col­umn pub­lished on 27 March on the al­le­ga­tions of “state cap­ture” and Zuma’s close re­la­tion­ship with the Gupta fam­ily.

“WE MUST BE CLEAR THAT ‘STATE AND COR­PO­RATE CAP­TURE’ IS A EU­PHEMISM FOR BLA­TANT COR­RUP­TION. WE RE­MAIN DEEPLY CON­CERNED AND DIS­TURBED THAT THE WOR­RI­SOME TREND OF UN­DUE AND IL­LE­GIT­I­MATE IN­FLU­ENCE AND IN­TER­FER­ENCE IN THE STATE CON­TIN­UES TO REP­RE­SENT A CLEAR AND PRESENT DANGER AND THREAT TO THE STA­BIL­ITY OF OUR CON­STI­TU­TIONAL DEMOC­RACY.”

– Cas Coova­dia, manag­ing di­rec­tor of Bank­ing As­so­ci­a­tion South Africa (BASA), whose mem­bers in­clude the coun­try’s ma­jor bank­ing groups as well as in­ter­na­tional banks such as JP Mor­gan, So­ci­ete Gen­erale, HSBC, Citi and the Bank of China, in an e-mailed state­ment on 23 March.

Jo­hann Ru­pert Busi­ness ty­coon

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