South Africa: Stimulate This - Ramaphosa and Business Get Cozy Over R1-Million Canapés

analysis

On Monday, 5 November, the African National Congress will host a 'Stimulus View Dinner'.'Business leaders' will be charged R1-million for two seats at President Cyril Ramaphosa's table, and R600,000 for a couple of chairs at Deputy President David Mabuza's table. (Caveat emptor: Donotleave your wallet unattended). Following closely on the heels of Ramaphosa's 'Investment Summit', during which CEOs pledged money to the don while he was seated on a throne-like armchair accepting their munificence, it's becoming clear that, while Ramaphosa has pledged to clean up corruption, he's deepening the relationship between South Africa's ruling party and its ruling oligarchy. This is not a good thing for democracy, but it's a great thing for massively overpriced canapés.

Not-so-wiseguys

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