A grateful nation will always be indebted to South Africa’s former deputy finance minister, Mcebisi Jonas, whose whistle-blowing proved the catalyst that turned the tide against the Gupta-plundering Zuma Administration. He started the Zupta collapse by rejecting the now-fugitive Indian family’s massive offer to join the dark side. Then, despite huge personal risk, he went public with the details. Currently chairman of the R250bn mobile phone business MTN, Jonas is at the WEF meeting in Davos. He shared his thoughts on how South Africa can be pulled out of its present quagmire and provided some clear insight into what is wrong with the political system and how to fix it. Jonas spoke to Alec Hogg of BizNews.
Mcbisi Jonas on whether he regrets resigning as ANC MP
No regrets whatsoever. I think it was a good thing to do at that particular moment because there were a couple of events and issues happening before then. It was very clear in my mind the trend is only going in one direction. The blurring of lines between the political and criminal networks, the weakening of state institutions and, of course, the undermining of all laws in the Constitution. These are real foundations for state failure.
The nature of South Africa’s challenges
South Africa is resilient. However, we have huge challenges. I guess you could call the nature of the crisis a chronic crisis. We are not about to implode and explode but I think we are on a steady decline, which has to be halted and...
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