Bil­lion­aire Ru­pert faces rul­ing party fury over RET at­tack

The New Age (Northern Cape) - - POLITICS - REFILWE MA­GASHULE news@the­newage.co.za

THE ANC says Jo­hann Ru­pert’s state­ment on rad­i­cal eco­nomic trans­for­ma­tion (RET) is disin­gen­u­ous and ex­tremely op­por­tunis­tic, com­ing from a ben­e­fi­ciary of apartheid’s ex­clu­sion­ary poli­cies.

On Wed­nes­day, Ru­pert said: “RET is just a code word for theft. They (President Ja­cob Zuma’s ad­min­is­tra­tion) are raid­ing the state’s cof­fers. And it’s pub­lic knowl­edge.”

The ANC re­sponded in a state­ment yes­ter­day, say­ing: “We con­demn this ar­ro­gant at­ti­tude to­wards South Africans who have an ac­tive in­ter­est and are driv­ers of the change en­vis­aged through RET.”

The ANC said RET would struc­turally change the fun­da­men­tal fea­tures of SA’s po­lit­i­cal econ­omy and dis­man­tle an econ­omy which con­tin­ues to per­pet­u­ate in­equal­ity and mo­nop­o­lis­tic ten­den­cies in favour of Ru­pert and his ilk.

“Ra­cialised eco­nomic re­la­tions have pro­duced the gen­er­a­tional wealth of the Ru­pert fam­ily that Jo­hann now com­mands. His ar­ro­gant con­dem­na­tion of eco­nomic trans­for­ma­tion be­trays his ill-got­ten priv­i­lege,” the ANC said.

Umkhonto weSizwe Mil­i­tary Vet­er­ans As­so­ci­a­tion (MKMVA) chair­per­son Kebby Maphat­soe said: “There has been a cam­paign for a long time to dis­credit RET. Ru­pert is show­ing he is fear­ful of change.

“It is un­for­tu­nate some com­rades such as Gord­han and Hanekom are speak­ing the same lan­guage. That only shows they are work­ing to­gether.”

All of this is hap­pen­ing against the back­drop of Zuma hav­ing to de­fend him­self in the High Court in Pre­to­ria where the DA has an is­sue with Zuma not im­ple­ment­ing for­mer pub­lic pro­tec­tor Thuli Madon­sela’s state cap­ture re­port in which it al­leged bil­lions were stolen from state- owned en­ti­ties.

Maphat­soe re­mained adamant that RET would change the in­equal­i­ties ex­ist­ing in South Africa.

“RET is go­ing to en­sure there is em­ploy­ment, (it will) al­le­vi­ate poverty and make in­clu­sive eco­nomic growth a re­al­ity for the ma­jor­ity of our peo­ple.”

Ru­pert is con­sid­ered South Africa’s rich­est in­di­vid­ual and now finds him­self at the cen­tre of what rep­re­sents white mo­nop­oly cap­i­tal.

“Ru­pert is show­ing his true self by de­fend­ing what he ben­e­fited il­le­gally and un­fairly from the apartheid regime,” Maphat­soe said.

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