Towards the end of last May a former colleague of mine, John Dludlu, who writes a column for Business Day, wrote something that made my hair stand on end. “Julius Malema is at it again,” he wrote. “This time he has set his sights on finance minister Nhlanhla Nene, holder of probably the most important cabinet portfolio after the president. During the debate on the presidency’s budget vote Malema accused Nene, who was reappointed to his old job in February, of impropriety, suggesting that the EFF is in possession of a dossier of meetings he had with dodgy business people during his tenure as deputy to then finance minister Pravin Gordhan — that is, during Jacob Zuma’s first term as president.” I asked around. Malema sometimes knows more about the ANC than the ANC does. What did he have that was so threatening? The feedback was not good. The story back then was, basically, that Nene had become somehow entrapped between the Gupta family and Iqbal Survé, the owner of Independent Newspap...

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