Optimistic outlook
Mafika Mkwanazi: 'Either ANC dumps rotten leaders or voters dump it'
Establishment businessman sees ruling party purging itself of corruption - or losing next election
One of South Africa's most prominent business figures, Mafika Mkwanazi, says he is positive about the future because he sees only two options for the ruling party, and both will be good for the country. Either the ANC dumps the current leadership and replaces it with leaders untainted by corruption, or the party itself is dumped in 2019. "It needs to root out every bit of leadership that is tainted with corruption," says Mkwanazi. "All of it. And bring in new leadership." This may sound fanciful, but Mkwanazi, 64, who spoke to Business Times after delivering an upbeat chairman's speech at aluminium products maker and exporter Hulamin's annual meeting last week, is an establishment figure of long standing with his ear close to the ground. He was CEO and chairman of state-owned Transnet and a director of Eskom until December 2014. He has also been a director and chairman of private sector companies, including Nedbank and Western Areas, and, as well as being chairman of Hulamin, is on ...
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