ANC too broke to pay salaries: Cash crunch blamed on Covid-19

ANC too broke to pay salaries: Cash crunch blamed on Covid-19

- The ANC has announced that it is unable to pay staff as expected on Tuesday

- This comes after the ruling party failed to pay out June wages, with promises of the outstanding amount to be paid shortly

- The country's most successful political party has blamed the cash crunch on the coronavirus

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The ANC is once again in a financial pickle and is unable to pay staff their salaries after failing to pay out in June.

In a statement released by ANC General Manager Febe Potgieter, it was confirmed that June salaries will now be paid out in July, with no indication as to when the July wages will be paid.

The situation was blamed on the 'national crisis', insinuating that Covid-19 and the subsequent lockdown had impacted the ANC's finances.

This is the second time staff were notified of delayed salary payments, with members urged to contact their banks and creditors:

“We regret to inform you that the June salaries will be delayed further than anticipated, and will only be paid by the latest Monday, 6 July.
"We kindly request you make the necessary arrangements with banks and other creditors. Our sincerest apologies for the inconvenience this will cause.”
coronavirus

ANC leader President Cyril Ramaphosa
Source: Twitter

READ ALSO: Cash flow woes: Ramaphosa reportedly asked to cover ANC salaries

Potgieter has committed to paying out June wages over the course of the next week, denying that the delays were 'intentional':

“This is a follow-up communication on a letter that was sent on 23 June, regarding the delay in the payment of salaries… This delay is not intentional, but rather as a result of the national crisis in the country.”

Briefly.co.za reported last year that the ruling party had faced similar circumstances with speculation that President Cyril Ramaphosa himself had forked over cash for salaries.

While the ANC insists Covid-19 is to blame for the delayed payments, the previous incidents have painted a picture of a dire crisis within the party.

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Source: Briefly.co.za

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