Zuma’s acolytes or Sipho Pityana – who do you think New Yorkers will believe?

AngloGold Ashanti chair Sipho Pityana. (Pic: Wynand van der Merwe)
AngloGold Ashanti chair Sipho Pityana. (Pic: Wynand van der Merwe)

By Alec Hogg

A friend who reads a lot and reflects deeply on topical matters has a theory about the South African Government. He reckons the current one thinks and behaves just like the one that earned polecat status in the 1970s and 1980s.

His point was supported at the Joburg Mining Indaba this week when a deputy cabinet minister wagged his figurative finger at the industry’s assembled heavyweights, warning them to stop criticising the political mighty. We have been patient and restrained, he warned, but even our patience has limits. Classic National Party circa 1980s.

The man who followed him to the podium, AngloGold chairperson Sipho Pityana, cared less. In “The Speech” he described President Jacob Zuma as SA corruption’s “sponsor in chief”. The audience stood to applaud like it was the opening night of a Lloyd Webber smash hit.

Zuma’s reaction to the address was classic PW Botha: Please use the right channels; and besides, a government/business/labour delegation is in New York showcasing the country to investors.

Seems, just like the Nats, Zuma’s lot expect if slogans like “SA is open for business” are repeated often enough, people swallow them. But given Joburg’s reaction to Pityana, who do you think those New Yorkers believe?

* For more in-depth business news, visit biznews.com or simply sign up for the daily newsletter.

Read Fin24's top stories trending on Twitter:

ZAR/USD
17.02
(+0.03)
ZAR/GBP
21.27
(-0.13)
ZAR/EUR
19.18
(-0.02)
ZAR/AUD
11.79
(-0.08)
ZAR/JPY
0.16
(+0.17)
Gold
1767.26
(-0.03)
Silver
17.92
(-0.39)
Platinum
821.50
(+0.35)
Brent Crude
42.09
(+1.84)
Palladium
1904.06
(+0.33)
All Share
53787.72
(-1.06)
Top 40
49570.88
(-1.20)
Financial 15
10002.37
(-0.31)
Industrial 25
75233.15
(-0.33)
Resource 10
49979.54
(-2.56)
All JSE data delayed by at least 15 minutes morningstar logo
Company Snapshot
Voting Booth
Please select an option Oops! Something went wrong, please try again later.
Results
I'm not really directly affected
18% - 1512 votes
I am taking a hit, but should be able to recover in the next year
23% - 1972 votes
My finances have been devastated
34% - 2948 votes
It's still too early to know what the full effect will be
25% - 2134 votes
Vote