ANC silent on state capture because party is central to the problem - analyst

Eusebius Mackaiser was in conversation with the former finance minister, Pravin Gordhan on Tuesday.

They spoke about the state of South African politics, from state capture to issues with audit firm KPMG - and of course whether or not the money at PIC should be used to rescue state-owned entities.

Taking money from one entity and putting it in a state-owned entity where the board hasn't changed, management hasn't changed, the rot hasn't been fully exposed and the mistakes of the past haven't been fully corrected.... so how do you put money into entities that haven't been cleaned up? The first mission is to start cleaning up and they will become credible entities within their own right.

Pravin Gordhan, Former finance minister

At the end of the day if we do not tackle the core problem which is the governance, the management, operations, financial stability and the manner in which purchasing is happening in these entities, we are actually not solving the problem.

Pravin Gordhan, Former finance minister

Gordhan also spoke about how KPMG leadership in South Africa should understand the role they played in state capture.

This is not just an isolated technical matter... these particular misdemeanor on their part both in terms of the companies they audited but also in companies like Sars in terms of their involvement there, must be seen in the context of state capture phenomenon in South Africa and that they were willing partners.

Pravin Gordhan, Former finance minister

Political analyst Ralph Mathekga says as much as he agrees with Gordhan, the ANC needs to acknowledge that it has been complicit in state capture.

He says internationally actions have been taken to discipline companies like Bell Pottinger and KPMG, but in South Africa, it looks like one of those phenomena that get written off without people taking responsibility for what they did.

Look at the actions that are being taken outside South Africa toward Bell Pottinger and KPMG - but you don't see any action taken against those alleged perpetrators with South Africa.

Ralph Mathekga, Political and Policy Analyst

In order to capture the state you start with the ruling party and that's why the ANC cannot offer any solid recourse on how to deal with this matter. It is at the centre of the problem. It is part of the problem.

Ralph Mathekga, Political and Policy Analyst

To hear the rest of the interview, listen below:


Recommended

by NEWSROOM AI
Read More
Pravin Gordhan believes Cyril Ramaphosa carries hope for the ANC

Pravin Gordhan believes Cyril Ramaphosa carries hope for the ANC

Former finance minister spoke to Eusebius McKaiser about his hope for the ANC, South Africa and holding state looters to account.

[LIVE] Pravin Gordhan in conversation with Eusebius McKaiser

[LIVE] Pravin Gordhan in conversation with Eusebius McKaiser

Former finance minister, Pravin Gordhan joins Eusebius McKaiser for a candid interview on the state of South Africa.

Business Leadership SA suspends KPMG membership

Business Leadership SA suspends KPMG membership

While BLSA and Sasfin have distanced themselves from auditing firm KPMG, Goldfield Mines has chosen to stay with them.

Saica to launch KPMG probe (not so fast, says IRBA)

Saica to launch KPMG probe (not so fast, says IRBA)

The Money Show’s Bruce Whitfield interviews newly appointed KPMG SA CEO Nhlamu Dlomu and IRBA CEO Bernard Agulhas.

KPMG International's meeting with Pravin Gordhan

KPMG International's meeting with Pravin Gordhan

The Money Show’s Bruce Whitfield interviews Pauli van Wyk, a journalist with Scorpio at Daily Maverick.

'KPMG must fall, it's as simple as that' - caller

'KPMG must fall, it's as simple as that' - caller

In the wake of recent allegations, Eusebius McKaiser asks listeners what should happen to KPMG in South Africa.

KPMG SA’s new CEO opens up about the future of the disgraced auditing firm

KPMG SA’s new CEO opens up about the future of the disgraced auditing firm

The Money Show’s Bruce Whitfield interviews KPMG South Africa CEO Nhlamu Dlomu.

Can KPMG employees sue the company for job losses?

Can KPMG employees sue the company for job losses?

The future of KPMG employees hangs in the balance after big clients dropped the company over its questionable conduct.

Sars guns for KPMG to be blacklisted, but has no qualms with 'rogue unit' report

Sars guns for KPMG to be blacklisted, but has no qualms with 'rogue unit' report

Sars commissioner Tom Moyane announced that the revenue service will be taking legal action against KPMG after it canned report.

Ex Sars officials to seek legal recourse after KPMG bins Sars 'spy unit' report

Ex Sars officials to seek legal recourse after KPMG bins Sars 'spy unit' report

Former Sars spokesperson Adrian Lackay says KPMG's half-hearted apology leaves many questions unanswered.

Tom Monyane denies opening criminal case against Pravin Gordhan

Tom Monyane denies opening criminal case against Pravin Gordhan

EWN Senior reporter Barry Bateman says the allegations were made in an affidavit by Sars official, Vlok Symington.

People find their courage closer to the ANC elective conference- Siya Khumalo

People find their courage closer to the ANC elective conference- Siya Khumalo

Siya Khumalo, author, social and political commentator chats with Africa Melane about Cyril Ramaphosa and Nkosazana Dlamini-Zuma.

Schalk Human sets the record straight, says his removal as CPO is not sinister

Schalk Human sets the record straight, says his removal as CPO is not sinister

Chief procurement officer at National Treasury, Schalk Human has been replaced by Willie Mathebula.

#EWNOnTour: 'It's an experience I will never forget!'

#EWNOnTour: 'It's an experience I will never forget!'

Journo's Morena & Thomas are having the time of their lives chasing cyclists down for interviews in France - and making friends!

Popular articles
News24 exposes how big SA corporates are funding fake news

News24 exposes how big SA corporates are funding fake news

A News24 investigation has exposed how some of South Africa's biggest companies have been advertising on fake news websites.

7 expert tips on how to make your breakfast healthier

7 expert tips on how to make your breakfast healthier

Nutrition and diet expert, Catherine Pereira, shares some advice on how to make healthier decisions for your morning meals.

[WATCH] Man exposes people selling stolen goods on Facebook

[WATCH] Man exposes people selling stolen goods on Facebook

Anton Fourie says he used his phone to record the interaction to create awareness of what is going on in the community.

Zondi tells court that she had to 'look happy' in church out of fear for Omotoso

Zondi tells court that she had to 'look happy' in church out of fear for Omotoso

Cheryl Zondi is testifying against Pastor Timothy Omotoso who is accused of rape and human trafficking in his Durban church.

3 emergency numbers you should have on speed dial and how they work

3 emergency numbers you should have on speed dial and how they work

These are the emergency numbers you should have on your cellphone and this is what you must understand about how they work.