Herman Mashaba: The DA negotiates like SA is a one-party state…

Loading player...
ActionSA leader Herman Mashaba has slammed the Democratic Alliance for “fear mongering” in its ongoing war of words over his party entering into a working relationship with the African National Congress in Joburg and ousting the DA Mayor from Tshwane with the support of the ANC. “The DA, unfortunately, the mistake that they're making is to think that they are the only people who governs and they must govern on their own…They negotiate like we live in a one-party state and military rule.” Speaking to BizNews following the election of an ActionSA Mayor in Tshwane, he expresses determination to turn the capital city around. “And I think this time around, having the ANC, provincial and national behind this….This will make it much easier…we are going to take advantage of this relationship to build one United South Africa, provide services to all the residents…We will want the residents to hold us accountable.” As for working with the ANC, he says: “…I really hope that they've got a wake-up call because if not, if they thought they were punished with a recent election, if they don't really turn around, they will be further punished.”
10 Oct 2024 6AM English South Africa Investing · Business News

Other recent episodes

SA's Competition Commission has become a handbrake on the economy: Rob Rose

Bryan Brownrigg was never a currency trader. He sold foreign exchange to Standard Bank's institutional clients for 23 years. But when the Competition Commission decided that 28 banks had run a single conspiracy to rig the rand, his name went into the complaint anyway, and it took a decade and…
11 Sep 7AM 20 min

He built a $1.5bn bank. Now Revolut, Discovery Bank and PEP are circling

In this interview with Irakli Rekhviashvili, Tyme Group co-founder Coenraad Jonker gives his take on what actually protects a digital bank once the competition catches up, and why he thinks the old rules of banking no longer apply. On competitive advantage, he says: "I'm saying to my guys increasingly, I…
11 Sep 7AM 50 min