'Jacob Zuma - front and centre of State Capture - cost South Africans R500bn'

Former President Jacob Zuma. Picture: Sethembiso Zulu/EWN

This is the apex of submissions to the Zondo commission where people are providing concrete evidence that indeed the Guptas were involved in State Capture and that the former President facilitated the process…

Dr Somadoda Fikeni, independent policy and political analyst

How will those who are denying this reality present themselves? Because one presenter after another has suggested a very clear link between the Guptas and State Capture.

Dr Somadoda Fikeni, independent policy and political analyst

Jacob Zuma was at the front and centre of the State Capture project, Public Enterprises Minister Pravin Gordhan testified to the Zondo commission of inquiry.

Gordhan also revealed how Zuma’s firing of then Finance Minister Nhlanhla Nene cost South Africans R500 billion.

Zuma denies that State Capture exists, saying nobody at the Zondo commission of inquiry mentioned it.

Just a few of the shocking revelations from Gordhan’s testimony include:

  • Zuma tried to strong-arm Treasury into approving three massive deals South Africa couldn’t afford.

  • He did nothing to protect Gordhan when he faced a sham investigation by the Hawks after taking over from Nene.

  • Zuma took the authority to appoint a Sars Commissioner from Gordhan to put in place Tom Moyane.

… State Capture and corruption are consequences of the unleashing of the worst human instincts – self-enrichment, neglect of the higher mission, placing one’s self-interest before the community’s interests...

Pravin Gordhan

For a detailed account of the above, read this Daily Maverick article.

Ray White (in for The Money Show’s Bruce Whitfield) asked independent political analyst Dr Somadoda Fikeni for comment.

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

[Why is the EFF so against Pravin Gordhan?] …People the EFF once defended, it doesn’t take long before they turn against them…

Dr Somadoda Fikeni, independent policy and political analyst

[Regarding Public Protector Busisiwe Mkhwebane taking aim at Pravin Gordhan] This came quite as a surprise, especially the timing of it… That’s not to say we should not be looking into any other political figure… Political leaders are fallible… if there is any substance he should be investigated…

Dr Somadoda Fikeni, independent policy and political analyst

The politics have been weighing heavily on the work they [prosecutors] do… The Hawks seems to be very sluggish, and sometimes reluctant…

Dr Somadoda Fikeni, independent policy and political analyst

There is no doubt that the South African media... is being used…

Dr Somadoda Fikeni, independent policy and political analyst

I think they [Malusi Gigaba and Dudu Myeni] need to be worried…

Dr Somadoda Fikeni, independent policy and political analyst

Enjoy The Money Show, but miss it sometimes?

Get the best bits emailed to you daily, right after it ends:

Subscribe to our Business Wrap Newsletter


This article first appeared on 702 : 'Jacob Zuma - front and centre of State Capture - cost South Africans R500bn'


Recommended

by NEWSROOM AI
Read More
Tourism Grading Council of South Africa defends its grading system

Tourism Grading Council of South Africa defends its grading system

Bruce Whitfield interviews Darryl Erasmus, Chief Quality Assurance Officer at the Tourism Grading Council of South Africa.

'Do parties – especially the ANC – want to continue in the sea of mediocrity?'

'Do parties – especially the ANC – want to continue in the sea of mediocrity?'

Bruce Whitfield interviews Colin Coleman (MD, Goldman Sachs Sub Saharan Africa) and Busisiwe Mavuso (COO, Business Leadership SA).

You’re almost certainly – no matter what you believe - crap at investing

You’re almost certainly – no matter what you believe - crap at investing

Data shows that almost everyone sucks at investing, says Warren Ingram. Here's how to avoid shooting yourself in the foot.

Do you have farming equipment, wool, sewing machines or material to donate?

Do you have farming equipment, wool, sewing machines or material to donate?

Sibayeni Small Business Incubation Centre needs help to help 36 small businesses grow.

Zande provides credit via phone to spazas in the form of the goods they sell

Zande provides credit via phone to spazas in the form of the goods they sell

Bruce Whitfield interviews Siya Ntutela of Zande, a platform that allows small retailers to apply for credit and make payments.

How long to keep tax records available for inspection in South Africa

How long to keep tax records available for inspection in South Africa

Should you keep them "forever"? Tax expert Chris Sloane on the requirement to keep tax records available for inspection by Sars.

Popular articles
How long to keep tax records available for inspection in South Africa

How long to keep tax records available for inspection in South Africa

Should you keep them "forever"? Tax expert Chris Sloane on the requirement to keep tax records available for inspection by Sars.

'SA's  decline over the past 12 years is similar to that of war-torn countries'

'SA's decline over the past 12 years is similar to that of war-torn countries'

CEO at Eunomix Claude Baissac says even though SA is ranked above these countries, its decline over the years is 'astounding'.

[WATCH] Oil riggers rescue pooch 200 kms out to sea

[WATCH] Oil riggers rescue pooch 200 kms out to sea

The workers in the Gulf of Thailand spotted the exhausted dog clinging to the pipes of the rig and managed to pull her to safety.

Sam Smith cancels remaining Cape Town concerts

Sam Smith cancels remaining Cape Town concerts

British singer, Sam Smith's fans in Cape Town where left disappointed after his concert was cut short due to voice strain.

Direct flight from USA to Cape Town makes Mother City 'a serious contender'

Direct flight from USA to Cape Town makes Mother City 'a serious contender'

Cape Town Mayoral Committee member for economic affairs, James Vos details the exciting new economic opportunity.

Capetonians: Here's your chance to sort out your traffic fines in one fell swoop

Capetonians: Here's your chance to sort out your traffic fines in one fell swoop

Mayco member for corporate services Sharon Cottle explains the Traffic Fines Roadshow at the Cape Town Civic Centre this week.