ANC rejects ‘white monopoly capital’ as enemy

The relationship that exists is that of cooperation, for big companies to invest in South Africa, create jobs and give people the skills.


The ANC policy conference rejected the use of ‘white monopoly capital’ to describe the problems in the economy.

National executive committee member Joel Netshitenzhe said nine of its eleven commissions at the policy conference agreed after intense discussions on the “reality of white dominance” in the economy but then felt the use of ‘white monopoly capital’ was incorrect.

Netshitenzhe addressed journalists after plenary on Tuesday night after commission had concluded their business and said that the relationship that exists between the African National Congress and capital as well as monopoly capital is that of unity, cooperation and contestation as per their 2007 Polokwane resolution.

“With regard to the strategic goals of the ANC there was the issue that was raised about how in simply terms we can  characterise this National Democratic Society,” Netshitenzhe said.

“The agreement as reflected in the draft [is that] the closest that society can be equated to across the globe would be a combination of a developmental state that leads in ensuring very high rates of growth but secondly combined with a social democratic state that ensures re-distribution of resources in favour of the poor,” he said.

“There are areas in which we seek to cooperate with them… higher rates of investment, job creation and skilling of people,” the NEC member said.

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“There is no reference to monopoly capital as an enemy of the ANC or of the National Democratic Movement. If they were the enemy, what do you do to the enemy? You destroy the enemy and so with our approach to monopoly capital, there might be areas of divergence, we need to regulate, and you need to discipline them where it is necessary,” Netshitenzhe told journalists.

He was briefing them on what the Strategy and Tactics commission discussed at the party’s 5th national policy conference in Nasrec, Soweto.

“In that context, it would therefore not be correct to characterise ours simply as white monopoly capital. That  relationship would apply whether it’s Japanese, Indian, white or whatever category you can think about,” he said.

The proposal to force the policy conference to declare ‘white monopoly capital’ as an enemy of the ANC revolution is believed to have been brought by Mpumalanga, North West, Free State and KZN as well as the ANCYL and  ANCWL but rejected by Gauteng, Limpopo, Western Cape, Eastern Cape and Northern Cape.

Netshitenzhe added that the ANC cannot run way from the reality of white dominance in the economy, “in the context of assets, income of the professions as well as other privileges that we have inherited from the past”.

Meanwhile, North West ANC chairman Supra Mahumapelo said that ANC leaders briefing media on plenary recommendations but confuse them with commission resolutions is wrong.

“That is against the spirit in which as ANC we deal with issues, issues that come from commissions, regions, provinces they get to be tabled in plenary. As soon as they are tabled in plenary you no longer talk commissions because now they are deposited into plenary,” Mahumapelo said.

(edited by ZK)

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Chirwa calls on youth to direct energies to ‘white monopoly capital’

He says government cannot be expected to be the only one empowering young people.


Gert Sibande mayor Muzi Chirwa has used his Youth Day celebrations speech to urge young people to get up and stand up and direct their energies to white monopoly capital.

He said the youth of today will have to emulate the one of 1976 in the fight for political freedom, achieving economic freedom.

Chirwa was speaking at the AJ Swanepoel stadium, Ermelo, last Friday morning.

“Our youth must ensure that we achieve the radical socio-economic transformation now, that the economy is transferred from white minority to the black majority,” the mayor said.

Chirwa recently retained his post as the leader of the ANC in the Gert Sibande region, getting elected unopposed at its 7th elective congress in Badplaas.

He said the youth will have to closely follow behind the government and make sure it delivers on radical economic transformation policies.

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“All forces must direct energy to white monopoly capital,” Chirwa said.

It must not be only government who must toil hard to turn around the situation of this country,” he said.

The mayor reminded the young people who attended the event of how the fight of the 1976 youth delivered the current political freedom, calling on the current youth to do same in realising economic freedom.

“During this day we salute the youth of 1976, their contribution has changed the course of our country and added the necessary energy and fast-tracked the release of our leaders from prisons.

“The struggle of our youth was not in vain, here all of us today are free from Apartheid.

“In the current phase of the struggle, our youth must commit their energy in ensuring that we secure a truly free South Africa, the South Africa characterised by the youth free from poverty, unemployment and inequalities and this task is the task of this youth generation,” he said.

The whole month of June commemorates the Wednesday morning of 16 June 1976 when Apartheid police opened fire, killing pupils who were protesting the teaching of Afrikaans in Soweto.

After his speech the mayor handed out business starter-packs to 25 co-operatives owned by young people in the Gert Sibande region to assist them begin their respective businesses.

(edited by ZK)

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