De Beer: On the MPC, RET, ANC & the IEC’s “earth-shattering bomb” on smaller parties…

Loading player...
The Multi-Party Charter (MPC), the Radical Economic Transformation (RET) factions and the African National Congress (ANC) are the three “slides” in the election show of 2024. That is according to Neil de Beer of the United Independent Movement (UIM) - a party in the Multi-Party Charter (MPC). In this interview with BizNews, he talks about the “earth-shattering bomb” the Independent Electoral Commission (IEC) has dropped on smaller parties, a move that could prevent them from fighting the election and force some out of the Multi-Party Charter (MPC) that is currently “scratching” the 40% mark. He describes how growing support for the Radical Economic Transformation (RET) factions could collectively gain 35% of the vote. He floats some interesting coalition scenarios. But he warns that the ruling African National Congress (ANC) will not surrender easily: He says the fight is already “dirty” and “deals are being made, meetings are currently being held in the most unobtrusive smaller coffee shops in this country”.
4 Mar 2024 5AM English South Africa Investing · Business News

Other recent episodes

Ryan Passmore - The "Missing Middle"

In this interview with BizNews, Ryan Passmore – Durban-based fintech founder of ZenFund Connect – unpacks why he believes South Africa's student funding system is broken, and how he proposes to fix it. Passmore points to the "missing middle": households earning between R350,000 and R600,000 a year, who are too…
8 May 5AM 15 min