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Business joins the chorus against state capture

Publish date: 20 April 2017
Issue Number: 112
Diary: Legalbrief Forensic
Category: Governance

The fallout from President Jacob Zuma’s midnight Cabinet reshuffle continues to be felt as some of the biggest names in SA business raise their voices against state capture, writes Legalbrief. A BusinessLIVE report says a grouping of SA’s most successful businessmen including the bosses of Vodacom‚ Anglo American‚ Discovery‚ Standard Bank and Investec have announced they cannot stand by any longer without speaking out against ‘state capture’. In full-page advertisements in leading Sunday newspapers‚ Business Leadership SA (BLSA) calls on all elected leaders to stop state capture‚ pointing the finger at Zuma’s ‘irrational’ midnight Cabinet reshuffle and close relationship with a family of businessmen‚ which it did not name. Announcing ‘South Africa is in crisis’‚ the group denounces the propaganda‚ racism and lies to misrepresent the country’s anger with corruption.

Full BusinessLIVE report

Full text of the BLSA advert