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Ebrahim Harvey | Moeletsi Mbeki is out of his depth with his call for a 'new party of the rich'

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Businessman and political analyst Moeletsi Mbeki. Picture: Lucky Nxumalo
Businessman and political analyst Moeletsi Mbeki. Picture: Lucky Nxumalo

Ebrahim Harvey argues that there exists no feasible objective basis for a party, along the lines that Moeletsi Mbeki is advocating, to cater for the rich.

Of late, Moeletsi Mbeki is on a futile mission to explain why, according to his analytical understanding, South Africa requires a new political party of the rich. He has for long been disenchanted with the African National Congress, from where he comes, especially its policies on black economic empowerment (BEE), which, together with affirmative action (AA) policies, basically created a tiny black elite and the more numerous black middle class, but at the expense of the needs and interests of the working-class majority.  

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