'Gupta capture' has been misnamed 'state capture' – Shivambu

citizen.co.za

- citizen.co.za | 3 months ago

In a blog post, Economic Freedom Fighters (EFF) deputy president Floyd Shivambu uses recent reports featuring leaked emails from President Cyril Ramaphosa’s CR17 campaign as evidence to bolster a claim often made by his party – that South Africa has simply jumped from one form of state capture to another.

In fact, he went a step further, making a distinction between “Gupta capture” – which he said had been “misnamed state capture for political and discursive convenience” and actual state capture, which was what he claimed “the white capitalists” were now using Ramaphosa to achieve. The ANC elective conference at Nasrec which resulted in Ramaphosa’s election as the governing party’s leader presented the party with two choices which were both “fatally wrong”, Shivambu writes – “one associated with the Gupta capitalist [faction] and one intricately embedded in white monopoly capital”.

The ANC’s decisions, he argued, were not driven by principle but by two factions of conflicting capitalists trying to dominate each other.

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