Is ANC in its death throes? Big political changes loom, but first: get set for state capture round 2

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Dr Frans Cronje, CEO of the IRR - the thinktank that played a key role in educating ANC leaders and the demise of apartheid - says the ANC is in the midst of an existential crisis. But, before it disappears, it will push through legislation that paves the way for State Capture Round 2. Dr Cronje, who has worked with Clem Sunter and has a PhD in scenario planning, says the ANC takes the question of whether it can survive the decade very seriously - much more so than business leaders and political opponents. Policy reforms needed to fix the SA economy are too challenging for President Ramaphosa and team to effect - and they do not appreciate what's needed to restore growth to the upward trajectory last seen when Thabo Mbeki was president. The ANC's newfound power through land expropriation without compensation is set to trigger a sweeping seizure of many assets, says Dr Cronje, who steps down at the end of this year. Learn more about your ad choices. Visit megaphone.fm/adchoices
17 Feb 2021 4AM English South Africa Investing · Business News

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