Given the crisis at state-owned enterprises (SOEs), the ANC’s discussion documents for its policy conference starting on Friday say remarkably little about companies so critical to the economy. As the crisis is largely self-inflicted with an overtly political cause — cadre deployment by a family closely aligned to President Jacob Zuma – it is safe to say after examining the ANC’s paper on the economy that this will be the elephant in the room when the party convenes for its conference. Will anyone spot it or will someone try to eat it? Eskom, Transnet, the Passenger Rail Agency of SA, Denel and the Airports Company SA are at the centre of state-capture allegations, with mounting evidence that executives running these companies were put there by the Gupta family and are working with it to loot state resources. The evidence so far is that even Zuma allies are worried about the heat the Guptas have brought into the ANC.Several of the party’s provincial chairmen have expressed their ant...
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