Emerging opposition leaders signal positive change, but we’re gonna need a bigger name - Moeletsi Mbeki

Loading player...
Another big name from the business sector has thrown his name in the hat as a presidential candidate for the opposition in South Africa. He is Roger Jardine, the former PRIMEDIA CEO and FirstRand chair. Jardine was also reported to have had discussions with the Democratic Alliance’s John Steenhuisen and Helen Zille as the Multi-Party Charter is seeking an alternative presidential candidate. Political analyst, Moeletsi Mbeki said the problem he had with candidates like Roger Jardin and Songezo Zibi from Rise Mzansi is that they were the employers of big businesses, they were not the owners of capital. To really make an impact, what is needed is that one of the captains of industry, the owners of the banks, retail companies and mining industry stand for elections and challenge the ANC. Moreover, South Africa, he said, did not have an electoral system that allowed a central figure to rise like businessman Sam Matekane from Lesotho who won an election seven months after forming a political party. He said he believed that individuals can’t solve South Africa’s problems and that there will be no miracles that will come out of South Africa’s 2024 elections. Mbeki also commented on President Nelson Mandela’s legacy 10 years after his death and said the deal that the ANC got from the National Party was much better than expected if the ANC’s real strength on the ground is taken into account. He said the negotiated constitution is a good constitution and people who criticise it know nothing about the reality of South Africa at the time. He again blasted the ANC’s black empowerment policies saying it is the result of an elite riddled with an inferiority complex who think they should get wealth from white people and that they cannot create wealth through their own risk-taking and hard work.
8 Dec 2023 11AM English South Africa Investing · Business News

Other recent episodes

How Egoli Youth Empowerment turned squash into a pathway to opportunity for Joburg's youth

Egoli Youth Empowerment started with squash courts in Soweto and grew into a holistic youth development programme spanning sport, academic support, life skills, leadership, entrepreneurship and urban farming. Director Glenn Lazarus and Programme Director Sharon Sibanda tell BizNews how EYE is creating safe spaces, developing young talent, and helping vulnerable…
15 May 9AM 19 min

Fighting to save South Africa’s moral compass: Unashamedly Ethical's Gary Power

Gary Power lifts the lid on corruption, ethical collapse, and the fight to rebuild South Africa from the ground up. In this powerful conversation, the CEO of Unashamedly Ethical shares how his father transformed a major construction business, why integrity is a survival strategy, and how collective action, faith, and…
14 May 6AM 28 min