STATEMENT OF THE SACP POLITBURO
The Political Bureau of the SACP met in Gauteng today in the context of the deep crisis into which the reckless actions of President Zuma have once more plunged our ANC-led movement, our hard-won democratic institutions, and our country in general.
The recall from an overseas trip of comrades Pravin Gordhan and Mcebisi Jonas while on a promotional tour in South Africa’s interests, and now the firing of these comrades and other well-performing ministers is more than regrettable. It is frankly outrageous, particularly while the worst performers in cabinet continue to enjoy presidential protection and even, in some cases, promotion.
This recklessness has provoked widespread concern and anger within the ANC itself, and across all sectors of our society. We have reached a decisive moment in which, in the considered view of the SACP leadership, Zuma must now resign.
The coincidence of the dramatic cabinet events with the desperate application this week in the Pretoria High Court by the Gupta-linked Vardospan company should not be missed. Vardospan brought an urgent application to force the Reserve Bank, the Registrar of Banks, and the Minister of Finance to allow it to take over ownership of the obscure Habib Bank.
The current owners had given them a deadline of today, 31 March, to settle the matter. Vardospan’s desperation is clearly linked to the closure of Gupta-related bank accounts by the major South African banks, the Bank of China, and now reportedly by their last remaining banking facility, the Indian headquartered Baroda Bank.