Loading...
See More

Zuma: Business which backs ANC will prosper

Jan 13 2013 16:17 Sapa

President Jacob Zuma is seen with Zweli Mkhize and Cyril Ramaphosa at the ANC's 101st celebration rally in Durban. (GCIS, Sapa)

Related Articles

Malema faces bankruptcy

Political risks to watch in SA

Zuma: NDP the way to prosperity

Zuma insists SA not falling apart

Zuma: ANC will transform the economy

ANC and business 'together': Zuma

 

Johannesburg - President Jacob Zuma said businessmen who supported the African National Congress would see their fortunes multiply, according to a report on Saturday.

"We're not forcing people... you can support and be a supporter, but if you go beyond that and become a member, [and] if you're a businessman, your business will multiply," the Sunday Times quoted him as saying.

Zuma was speaking at the ANC's 101st anniversary gala dinner in Durban on Friday night.

"Everything you touch will multiply. I've always said that a wise businessperson will support the ANC... because supporting the ANC means you're investing very well in your business."

Organisers for the gala dinner told the Sunday Times seats at the 70-table banquet sold out within 10 days and brought in R8.2m. Seats cost between R5 000 and R600 000.

At the dinner Mineral Resources Minister Susan Shabangu successfully bid R3.7m on a painting of former president Nelson Mandela during an auction, the newspaper reported.

She outbid National Federated Chamber of Commerce and Industry president Joe Hlongwane.

The ANC reportedly offered to commission a similar portrait in exchange for his R3.5m bid.

The auction raised R21.4m.


 

 

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

jacob zuma
NEXT ON FIN24X

Trade deficit narrows

2014-10-31 14:36

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
182 comments
Comments have been closed for this article.
 

Company Snapshot

We're talking about:

Small Business

Retailers of any shape and size can now unlock the power of mobile transacting.
 

Money Clinic

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