CAROL PATON: Business must grasp the nettle called Zuma
Business leaders need to weigh up whether they can survive another one to three years of destructive Zuma presidency
CAN business survive another three years of President Jacob Zuma? That’s what business leaders need to weigh up right now. So far, only two in the business community think not. One is AngloGold Ashanti chairman Sipho Pityana, its empowerment partner and a former foreign affairs and labour director-general. He has decided to speak out and to carry on doing so at every opportunity. The other is Enoch Godongwana. He is not a business leader, but a member of the ANC national executive committee and chairman of its economic transformation committee who sees politics with the eye of a businessman concerned about the political management of the economy. But the rest of business looks happy to accept Zuma’s leadership and hang on for another three years. Some directors of the Black Business Council have spoken out on their position. Zuma has done more for black business than any other president, they say; while there might be problems — such as the Guptas, with far too many government contr...
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