2 May 2017

South Africa: The Republic of Gupta - These Are the Days of Kickbacks and Plunder

analysis

Hot off the press, investigative journalist Pieter-Louis Myburgh's piecing together of the jagged pieces of the history of Atul Gupta's remarkable rise from flea market shoe seller to being listed as the seventh richest person in South Africa, and worth around R10-billion, brings into harsh focus what can only be described as the biggest official heist by private interests of the post-apartheid South African state. Apart from the millions in public funds lost to citizens, it is also the story of corrupted ethics, greed and self-enrichment. Along the way many more than our President have been drawn into a ruinous web that will take decades to fix. By MARIANNE THAMM.

Those of us who are incorrigible news junkies are well aware of the shameful saga of the Gupta family, their role in the capture of the South African state and how President Jacob Zuma has acted as a facilitator and enabler for what can only be described as a soft coup of a democratic government by self-serving capitalists and rent-seekers.

It is this relationship that has, in the eight years that Jacob Zuma has been the president of the Republic of South Africa, been at the centre of a slow...

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