South Africa: Gordhan Goes Gonzo for Zondo

analysis

Corruption to the right of him, BLEFF to the left, Gordhan is stuck in the middle again. The time for relentless transparency has come.

Let's get one thing clear before we lurch our way through the first day of Private Enterprises Minister Pravin Gordhan's testimony to the Zondo Commission of Inquiry into State Capture: President Cyril Ramaphosa's admission that his ANC presidency campaign accepted R500,000 from the firm formerly known as Bosasa is a really big deal. It weakens the scaffolding on which his presidency is premised, and it makes him look like a plutocrat who is funded by other plutocrats in order to extend the tender-based plutocracy that is the ANC.

Which is entirely accurate, of course.

The Business Day/Netflix 10-episode limited series, entitled Ramaphosa The Reformer, hits a factual wall: Ramaphosa's son, Andile, acted as a front so that he could claim bogus "consultancy" work from Bosasa, a security services firm with deep ANC roots. (Consultancy being the single worst word ever introduced to the South African economic lexicon, while the term "services" is used loosely.) Black monopoly capital joined white monopoly capital in backing Ramaphosa,...

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