Zuma did nothing wrong?! How childish, says political analyst Moeletsi Mbeki

I was just in South Africa. I was impressed… by the incredibly vigorous press… it’s encouraging…

Gideon Rachman, Financial Times

I was taken aback when he said Zuma has done nothing wrong… I felt that was very childish!

Moeletsi Mbeki, Nedbank

It’s just a matter of time… Cyril Ramaphosa will launch a more meaningful assault on corruption…

Goolam Ballim, Standard Bank

On Monday the Financial Times published an article headlined “Why South Africa matters to the world”.

Financial Times is the most important business publication in the world, according to the Global Capital Markets Survey.

In the article author Gideon Rachman writes that Nelson Mandela’s dignity “gave him the international status of a Gandhi”.

In the immediate post-apartheid years, writes Rachman, “South Africa seemed poised to buck the dismal trend of much of post-colonial Africa.”

However, under Jacob Zuma many people – even anti-apartheid veterans – were muttering that South African was heading the way of Zimbabwe.

South Africa matters to the world.

It is the only African G20 country, and the most developed country on the Continent, by far.

South Africa has world-class companies, a sophisticated financial sector and outstanding transport infrastructure, says Rachman who adds, “If, despite all this, South Africa slides inexorably backwards, cynicism about the future of the African continent will grow in the rest of the world.”

The Money Show’s Bruce Whitfield interviewed Rachman (chief foreign affairs commentator at Financial Times) and Nedbank political analyst Moeletsi Mbeki.

Whitfield also spoke to Standard Bank Chief Economist Goolam Ballim.

Listen to the interviews in the audio below (and/or scroll down for more quotes from it.)

It’s partly a legacy of the Mandela era… Post-apartheid South Africa became an informal spokesperson for the Continent… it feels like a, kind of, ‘safe Africa’…

Gideon Rachman, Financial Times

Mugabe started with mass political violence very early… South Africa is still a very, very long way from that…

Gideon Rachman, Financial Times

If it turns into a long, drawn-out political crisis… that would be damaging…

Gideon Rachman, Financial Times

The President is elected by Parliament, not the ANC!

Moeletsi Mbeki, Nedbank

The ANC will presumably partner with the EFF in a vote of no confidence.

Moeletsi Mbeki, Nedbank

It was not Zuma who dismantled the Scorpions [it was the ANC]… Investors know it [corruption] is systemic.

Moeletsi Mbeki, Nedbank

February is only anchored by Valentine’s Day! Everything else seems fluid.

Goolam Ballim, Standard Bank

Sona will be delivered by Cyril Ramaphosa…

Goolam Ballim, Standard Bank

Ratings agencies judge a nation on its will - and ability - to pay its debt… Leadership matters… the personality matters…

Goolam Ballim, Standard Bank

It would be elegant if he steps aside…

Goolam Ballim, Standard Bank

Click here (then “like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter


This article first appeared on 702 : Zuma did nothing wrong?! How childish, says political analyst Moeletsi Mbeki


Recommended

by NEWSROOM AI
Read More
Are you in or out? Decide at the start of 2019, but don’t waste time!

Are you in or out? Decide at the start of 2019, but don’t waste time!

The Money Show’s Bruce Whitfield interviews Aurik Business Accelerator founder Pavlo Phitidis.

'Cleaning up Eskom doesn’t suit everybody. Hands off! Don’t be treasonous!'

'Cleaning up Eskom doesn’t suit everybody. Hands off! Don’t be treasonous!'

The Money Show’s Bruce Whitfield interviews Jabu Mabuza, Chairperson at Eskom, and plays an audio clip of Minister Pravin Gordhan.

How to help your children get rich (long before they start working)

How to help your children get rich (long before they start working)

Time. It’s the most important factor, says Sam Beckbessinger, author of “Manage Your Money like a F*cking Grownup”.

Grand Parade Investments (Burger King) and its shareholders smoke a peace pipe

Grand Parade Investments (Burger King) and its shareholders smoke a peace pipe

Bruce Whitfield interviews Mohsin Tajbhai (GPI), Ricco Friedrich (Denker Capital) and Wilhelm Hertzog (Rozendal Partners).

Sorry, South Africa, for the damage we are causing to the economy - Eskom

Sorry, South Africa, for the damage we are causing to the economy - Eskom

It wants Govt to take on the debt as part of a turnaround plan to shore up its balance sheet, says spokesperson Khulu Phasiwe.

Meet Eben Uys of Mad Giant, where mad science meets a massive love of beer

Meet Eben Uys of Mad Giant, where mad science meets a massive love of beer

Mad Giant was born from the desire to conquer the world and take chances with no fear of the outcome, says its founder Eben Uys.

Popular articles
Judge Dennis Davis explains estate duty when your spouse dies

Judge Dennis Davis explains estate duty when your spouse dies

Some recommendations by the Davis Tax Committee were met with concerns from members of the public on how they will be affected.

[WATCH] Capetonian beach-goers amused as Santa falls face first off boat

[WATCH] Capetonian beach-goers amused as Santa falls face first off boat

Khabazela shares tweets and Facebook posts that have gone viral.

Couple's 20 000 km cycle tour from Amsterdam ends in the Mother City

Couple's 20 000 km cycle tour from Amsterdam ends in the Mother City

A Knysna couple who cycled 20 000 Km across 20 countries finally arrived in Cape Town on Sunday ending their 18 months journey.

Here's how to check your load shedding schedule in Cape Town

Here's how to check your load shedding schedule in Cape Town

Eskom has warned that more power cuts can be expected as maintenance continues over the next twelve months.

Check out BlitzBokke #Madiba100 jersey for Cape Town 7s

Check out BlitzBokke #Madiba100 jersey for Cape Town 7s

Saru has partnered with Asics to create a special Blitzbokke jersey to celebrate Nelson Mandela’s 100th birthday.