CAPE TOWN Rain showers. Mostly cloudy. Cool.

MIN13
MAX15
7 day
  • Friday 13-16°c More sun than clouds. Cool. More sun than clouds. Cool.
    Saturday 12-20°c Sunny. Mild. Sunny. Mild.
    Sunday 13-24°c Sunny. Mild. Sunny. Mild.
    Monday 14-23°c High level clouds. Mild. High level clouds. Mild.
    Tuesday 15-21°c Sunny. Mild. Sunny. Mild.
    Wednesday 15-21°c Morning clouds. Mild. Morning clouds. Mild.
More News

Top entrepreneur joins DA

2014-05-27 21:17
Herman Mashaba
Herman Mashaba (Picture: City Press)

Johannesburg - Top entrepreneur Herman Mashaba is stepping down as chairperson of the Free Market Foundation (FMF) to join the DA, he announced on Tuesday.

"It is with regret that I must stand down from leading the FMF, but it is important that this proud organisation remains politically impartial in its vital work," Mashaba said in a statement.

Mashaba, who is best known for building the hair care brand Black Like Me, was joining the party as an ordinary card-carrying member.

"I have requested no position in the DA party, but will promote their cause from the grassroots."

Mashaba said he decided to join and give his support and commitment to the DA, as he believed the party delivered better in the Western Cape than other parties delivered in the rest of the country.

"My announcement today [Tuesday] is an endorsement of the principles of non-racialism, a healthy market economy which delivers on jobs, a smaller and more effective government dedicated to a constructive partnership with business and eventually a direct democracy where every politician is held personally accountable for their performance and behaviour."

He said that, 20 years after democracy, the country's unemployment levels were high, the economy was under-performing, the public and private sectors were corrupt and that racism was "the daily language of the ruling party".

The decision to join the party was made before discussions took place in the political process and was not influenced by discussions with individuals in the political process, said Mashaba.

He said he wanted his move to the party to inspire people to take an active interest in the future of the country.

"Our democracy is new and it allows all of us to be players."

- News24
Read more on: da  |  johannesburg  |  politics

More In This Category
Cadres must be competent: Mantashe

The appointment of individuals to top positions in municipalities must be based on competence and not on political connections, ANC secretary general Gwede Mantashe says.

All top ANC members to get time off

The ANC's electioneering campaign has taken its toll on all members, not only President Jacob Zuma, the party says.

Zuma in Pretoria hospital

Other than saying it is in Pretoria, the presidency will not disclose "for privacy reasons" the name of the hospital where President Jacob Zuma is undergoing tests.

Zuma admitted to hospital

UPDATE 13:46: An "exhausted" President Jacob Zuma has been admitted to hospital for unspecified tests.

Comments
Read News24’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
264 comments
Add your comment
Comment 0 characters remaining
News24 |  OLX  |  PriceCheck  |  Property24  |  Kalahari.com  |  Careers24