ANC puts mines on shaky ground

2010-11-20 14:07

Our revelations today about the ANC-linked Chancellor House’s prospecting rights is further evidence of the worrying blurring of the lines between state, party and the economy.

The ANC’s – and Chancellor House’s – dismissive response to criticism of their mining interests is disingenuous. They argue that their conduct is ­legally sound, but they are on shaky ground in ­defending these interests morally and ethically.

Chancellor House is unlike other corporate ­entities. It enjoys an unfair advantage by virtue of its connection to the ANC, which holds the keys to power in South Africa, and thus is privy to ­insight into our policy and legislative future.

Chancellor House’s mining interests mock the spirit of the 2002 Mineral and Petroleum ­Resources Development Act, which seeks to ­ensure that the country’s mineral wealth also ­benefits the poor and the previously ­disempowered.

Instead, we are witnessing a vulgar grab for mining wealth which is creating a political and economic elite at odds with the transformation agenda which the government advocates.

The ANC may see nothing wrong with these ­activities, but, we must ask, can the citizens of South Africa not feel anything other than ­disappointed and dismayed?

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