ANC slow to act against its paymaster
27 February 2022
South Africa should join the worldwide action to isolate Russian leader Vladimir Putin and his henchmen oligarchs.
One of the top funders of the ANC in 2020 was a mining company jointly owned by a Russian oligarch close to Vladimir Putin and the ANC front company Chancellor House.
Oligarch Victor Vekselberg owns 49% of South Africa’s 4th largest manganese miner, United Manganese of Kalahari. The rest of the mining operation has ownership that includes Chancellor House and an ANC-linked community group.
In the first quarter of 2020/21, the mine donated R7.5 million to the ANC, becoming the largest single donor during that quarter.