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

SA rugby's ticket strategy prices Bok fans out of stadiums

Springbok ticket prices have soared, suites have been taken over under “clean stadium” rules, and loyal supporters are being squeezed out. BizNews Rugby's boots-on-the-ground reporter, Rory Steyn, speaks to representatives from legendary Joburg rugby clubs and bitter rivals Pirates and Wanderers, as well as chartered accountant and former Sun International…
11 Jul 10AM 30 min

Siviwe Gwarube: The truth about SA education

Siviwe Gwarube says South Africa's education system needs long-term reform, not quick political wins. The Basic Education Minister discusses her first two years in office, tackling textbook procurement concerns, eliminating unsafe pit toilets identified in 2018, strengthening early childhood development, and navigating provincial delivery challenges. She argues the real measure…
9 Jul 10AM 26 min

Jasmine Opperman: Ex-SAAF General jailed in the US as an SA agent…

A former brigadier general in the South African Air Force (SAAF) has been jailed in the United States after she pleaded guilty to one count of acting as an agent of South Africa and one of making a false statement in her security clearance application. In this interview with Chris…
9 Jul 9AM 18 min

BizNews Edge: Siviwe Gwarube on the DA's 2029 make-or-break moment

DA insider and Basic Education Minister Siviwe Gwarube responds to claims that DA ministers haven't delivered, days after John Steenhuisen's bombshell interview shook the party. She explains why the DA's current turmoil could actually be its best opportunity yet, and why she says 2029 is now the party's election to…
9 Jul 8AM 28 min