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ANC condemns Johann Rupert’s comment on radical economic transformation

The South African billionaire is reported to have called said radical economic transformation a code for theft.

FILE: SA businessman Johann Rupert. Picture: Wikipedia Commons

JOHANNESBURG - The African National Congress (ANC) has reacted to comments made by South Africa's richest man Johann Rupert on radical economic transformation, describing them as disingenuous and extremely opportunistic because they come from a beneficiary of apartheid's exclusionary policies.

On the sidelines of the Richemont Annual General Meeting in Geneva on Wednesday, Rupert said that radical economic transformation is just a code for theft.

The ANC says it condemns what it calls an arrogant attitude towards the majority of South Africans who have an active interest in changing the economy to accommodate the black people.

Spokesperson Zizi Kodwa says: “It’s people like Rupert who, on the basis of their colour and not ability, were able to amass the wealth they have today. And yet, what do they pray for when they go offshore? Is it South Africa must remain poor or the poor must remain poorer?”

(Edited by Zamangwane Shange)