Pityana: Business sector must prevent state capture

Sipho Pityana called on the business community to do more to nip state capture in the bud.

A screengrab of Sipho Pityana delivering  a speech at the funeral of the late Reverend Makhensani Stofile on Thursday.

JOHANNESBURG - Anglo Gold Ashanti Chairperson Sipho Pityana says attacks on the National Treasury are far from over and that the business community needs to play a bigger role in protecting it from state capture.

Pityana addressed mining industry heavyweights in Inanda, Sandton today.

He's been in the spotlight recently for speaking out against the current African National Congress leadership allegations of state capture.

Pityana didn't mince his words when he spoke about what he described as the current crisis facing South Africa.

He's called on the business community to do more to nip state capture in the bud.

"The Treasury remains under siege. Although its defenses have held up amidst a withering attack, that has not relented. Don't you dare fool yourself."

He says time is running out.

"We can no longer afford to wait, we all know that corruption is spreading like an ugly stick across our society."

Pityana says the current economic trajectory needs to be turned around.

Earlier Deputy Mineral Resources minister Godfrey Olifant emphasised that he did not want to hear continued criticism of the government without any solutions offered and that a change in presidency cannot be forced.

Pityana ignored the warning from the deputy minister saying President Jacob Zuma is the "sponsor in chief of corruption."

He says the independence of the republic is at stake because Zuma has abused state resources.