Mmusi Maimane Slams Paul Mashatile’s Plans to Save SA’s Struggling Economy, Says ANC Can’t Even Pay Employees

Mmusi Maimane Slams Paul Mashatile’s Plans to Save SA’s Struggling Economy, Says ANC Can’t Even Pay Employees

  • ANC treasurer-general and deputy president hopeful Paul Mashatile claims he knows how to turn SA's economy around
  • One Movement South Africa leader Mmusi Maimane isn't convinced Mashtile can fix SA's economy, given his failure to manage the ANC's poor finances
  • Mashatile proposed that the government should implement reforms to stimulate economic growth

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JOHANNESBURG - African National Congress (ANC) Treasurer-General Paul Mashatile claims he has a plan to turn South Africa's ailing economy around. Mmusi Maimane is unconvinced, claiming that the treasurer doesn't even have an economic plan for his financially struggling party.

Paul Mashetile and Mmusi Maimane
Mmusi Maimane doubts Paul Mashatile has what it takes to turn SA's economy around despite Mashatile claiming he has a plan. Image: Leon Sadiki & Guillem Sartorio
Source: Getty Images

The One South Africa Movement leader was reacting to a TimesLIVE article which reported that Mashatile wanted the government to execute reforms that would stimulate economic growth.

Maimane said:

"The ANC treasurer doesn’t pay ANC employees. They don’t have an economic plan for their own home base. We shouldn’t expect anything much from them."

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Mashatile's plan includes fixing the nation's ailing power utility, Eskom. To the ANC treasurer-general, the solutions to the problems crippling the power utility are simple.

Mashatile declared:

“We know what is wrong with Eskom, so let’s fix it!”

The deputy president hopeful claimed that everything needs to be done to turn Eskom around, even if it includes incurring more debt, bringing in industry experts and hiring international talent.

Regardless of Maimanes lack of confidence in Mashatile's ability to turn South Africa's economy around, several analysts have given the treasurer general the nod of approval. According to Moneyweb, an independent political analyst, Lukhanyo Vangqa, sang Mahatile's praises.

Vangqa claimed that what the ANC deputy-president hopeful lacked in a track record in the national government, he made up for in pragmatism and willingness to make market-friendly reforms.

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Here's what South Africans are saying about Mashetile's plan to fix SA's economy:

South Africans react to Mathatile's plan to fix SA's economy

@leona_kleynhans said:

"Is this the same guy who can’t pay ANC staff??? Now wants to fix the economy??? Lawd save us!"

@KhanyaMsika claimed:

"The plan is to steal more."

@SifisoParadise accused:

"You can help by speaking about your PLAN to the Minister of Finance OR you are saying "Ndikhetheni"? Then you have NO PLAN, but you just want to be UP THERE."

ANC says it is not rich but surviving despite selling assets, claims staff have received salaries

Meanwhile, Briefly News reported that The African National Congress (ANC) said it would pay its staff this month despite its R500 million debt. This comes as the ruling party confirmed that it would be selling some of its assets.

Despite the party’s financial struggles, it claims its current situation has nothing to do with the need to relieve some assets. Several assets, including property abroad, will be sold to manage the ANC’s properties in one company.

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According to TimesLIVE, ANC treasurer-general Paul Mashatile said the ruling party was in exile for several years; therefore, the decision to evaluate the condition of some assets was made. He said property that is no longer needed would be sold.

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Source: Briefly News

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