Let’s hope Cyril brings stability

Much has been written about Cyril Ramaphosa, pictured, since his election as president of the ANC. Some are convinced that he will regenerate the ANC, bring the warring factions together and stamp out fraud and corruption. Others feel that, because of the factionalism in the ANC, he will have a difficult task in implementing any changes, especially stamping out fraud, corruption, irregular spending and billions being looted from state coffers.

The third group feels he will just be a black puppet dancing to the strings of “white monopoly capital”, and that the status quo will remain.

Ramaphosa seems to have targeted highly controversial issues, such as radical economic transformation (why does it have to be “radical”?), expropriation of land without compensation (a total disaster wherever it has been implemented), and the nationalisation of the banks.

Ironically, the ANC, in June 2017, rubbished the concept of white monopoly capital stating that “there is no such thing as white monopoly capital in our

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vocabulary” (Paul Mashatile, ANC Gauteng chairperson).

Nevertheless, one must wish Cyril well and hope he will bring some stability and progress in his endeavours.

John

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