Hard Truths: The GNU, Shell’s exit, corruption & ethics-Professor Bonang Mohale

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South Africa urgently needs ethical leadership to heal a divided nation. That has been the call from business icon Professor Bonang Mohale, who is on an international list of the 100 most reputable Africans. In this interview with BizNews, Professor Mohale warns the new Government of National Unity (GNU) that leadership is “not an opportunity for enriching self”. He slams the lack of prosecutions of corrupt politicians and concludes “that there is no political will” and that “maybe, just maybe, the people who call themselves our leaders are accepting that stealing, cheating, bribery, State Capture is their form and definition of redistribution of wealth”. Asked about the Steinhoff scandal, he also slams big business for introducing corruption to local politicians as far back as former President Nelson Mandela’s release from prison. And, as a former Chairman of Shell - that is now disinvesting from South Africa - he describes how there was “absolutely no progress” on a multi-billion rand intiatiave “because of ideology that held us hostage”. Setting out the priorities for the GNU, Professor Mohale says: “Service delivery is the job description of these politicians.”
2 Jul 2024 11AM English South Africa Investing · Business News

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