Monopoly Capital Not Colourless – It’s White‚ Says Mthethwa

Monopoly capital is a reality‚ it is white and stands against all that the African National Congress hopes to achieve in South Africa. This was among the comments made by ANC NEC member Nathi Mthethwa when he presented the policy document on strategy and tactics to journalists in Luthuli House on Thursday. The document was […]
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Christo Wiese Resigns As Chairman Of Steinhoff In Wake Of Corruption Scandal

South African businessman Christo Wiese has resigned as chairman of Steinhoff in order to reinforce independent governance of the company which is currently under scrutiny, and avoid any “possible conflict of interest” that may exist. His son Jacob has also resigned. Steinhoff announced Heather Sonn as new acting chairperson. 76-year-old Wiese recently dropped overnight from being […]
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Malema: White Monopoly Exists At Expense Of Black Majority 

EFF leader Julius Malema says that tackling white monopoly capital is not an attack on white people. EFF leader Julius Malema at The Gathering: ANC elective conference edition on 23 November 2017. Economic Freedom Fighters (EFF) leader Julius Malema says that white monopoly capital exists at the expense of the black majority and that the concept should not be dismissed […]
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Zuma Tells Us Why ‘White Monopoly Capital Is A Fact And Not An Insult’

Jacob Zuma is seen outside the Rietgat Police Station where he briefly addressed media, 28 February 2017, Soshanguve, Pretoria. ‘You have companies that are white, they start from big commodities to the broom, they are monopolies, they should be called by what they practice,’ Zuma says. Jacob Zuma said there is “white monopoly capital” in […]
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