Gwede Mantashe — PICTURE: GALLO IMAGES The ANC decision to shelve its investigation into state capture has laid bare the cracks in the governing alliance.More insidiously, it has exposed the continued hold which the politically connected Gupta family has on President Jacob Zuma and his allies.The investigation, which was announced in March, was precipitated by the very public admission by Deputy Finance Minister Mcebisi Jonas that members of the family had offered him the critical post of head of national treasury, which was then still held by former minister Nhlanhla Nene.Weeks later Nene was fired by Zuma, unleashing a market backlash and tanking the rand, which forced him to back-track on his decision to appoint little-known MP David Des van Rooyen and reappoint Pravin Gordhan to the position.The ANC’s national executive committee (NEC) at an ordinary meeting in March discussed the issue of state capture, rather hesitantly.The majority of the members of the NEC are aligned to Zum...
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