Register now for Fin24 Dashboard and get access to portfolios, watchlists, financial comparison tools, and a whole lot more to help you achieve your financial goals.

Data provided by McGregor BFA
All data is delayed
Loading...
Where am I? Home
 
Prices are delayed by 15min.
Join the Fin24.com conversation about JSE-listed stock by using every time you tweet.

Nzimande slams tenderpreneurs

Oct 18 2011 08:22 Sapa

Related Articles

Vavi slates 'tenderpreneurs'

ANCYL leaders coining it - claim

Momentum for broad BEE

Malema’s tender bonanza

Investors query SA land policy, tenders

Phosa moots anti-corruption body

 

Top Stories

Cell C move sparks price war

May 27 2012 11:21

There's a price war raging between South Africa's cellphone networks after Cell C lowered the rates of its prepaid calls by more than 34%.

Tupperware agents incensed by fakes

May 27 2012 11:49

The country's 200 000-odd Tupperware agents are angry about the counterfeit products being sold as the real McCoy.

Another golf estate victim

May 27 2012 13:09

The oversupply of golf estates has claimed another victim.

 
Share Share line Print

Johannesburg - SACP general secretary Blade Nzimande condemned what he called an attempt by "tenderpreneurs" to steal the ANC for personal enrichment, according to a report on Tuesday.

Nzimande told The New Age newspaper in an interview that the SA Communist Party was "seriously concerned" that entrepreneurs who sought control of the ruling party could also sell it to the highest bidder.

He said this was a challenge facing the ANC and its alliance structure, including the SACP and the unions.

"The danger of people who do that is that they can even sell the country to the highest bidder," Nzimande was quoted as saying.

Nzimande believed that those who had catapulted President Jacob Zuma to the helm of the ANC had little to do with genuine concerns to elect quality party leadership.

"I have no doubt that a lot of the people who supported Zuma at Polokwane did so because they wanted genuine changes in the way the ANC was being run," Nzimande told The New Age.

"But it is clear to us now that there are people who went to Polokwane because they were hoping Zuma would help them to build a kleptocratic state."

The ANC Youth League was seen by many as influential when it came to choosing leaders but Nzimande disagreed, according to the report.

"There are no kingmakers. If there were, it would be the branch representatives that elect leaders," Nzimande said.

He said the SACP was concerned about the growing culture within the alliance structures to use money as a tool to campaign for leadership elections.

Nzimande said this was not limited to the ANC but applied also to its allies. 

 
 
Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
Facebook's intrinsic value
May 23 2012 11:32

When it comes to judging a company’s worth, value investors like Warren Buffett look at intrinsic value. By that measure, Facebook’s shares are worth less than $10. A Reuters analyst breaks down the math. (Reuters)

Perfin

I arranged two workshops in Cape Town at the Cape Chamber of Commerce offices as well as two computer based workshops, one on Google Adwords and another on Joomla Administrator at the training centre in Somerset West. Emarketing Workshops - http://emarketingworkshops.co.za/next-workshops 1. Interne... Read their blog...

Recently updated
Podcasts
The Sishen saga

Legal expert Peter Leon on the increasingly complex legal wrangle over the Sishen Iron Ore mine. Time: 8:17 Listen Here...

Before you list

Is the clarion call of the JSE calling? Listen to Fin24’s expert panel discussion before you list your small business. Time: 17:29

Compare and Buy

Compare and apply for hundreds of financial products from many suppliers.

Credit cards Medical aid Current accounts Think Money

Money Clinic

Money Clinic Do you have a question about your finances? We'll get an expert opinion.
Click here...

Loading...