ANC accounts frozen over R85m unpaid debt: 'How can we trust them with the entire fiscus of South Africa?’

CM

Celeste Martin

17 October 2025 | 7:07

An ANC member says he was commissioned to produce election posters and campaign materials several years ago but was never paid.

ANC accounts frozen over R85m unpaid debt: 'How can we trust them with the entire fiscus of South Africa?’

African National Congress emblem. Picture: AFP

The African National Congress (ANC) is facing fresh financial turmoil after its bank accounts were reportedly frozen in connection with a long-running legal dispute. 

The case stems from an R85 million debt owed to Ezulweni Investments for printing campaign materials.

The latest development raises renewed concerns about the party’s financial management.

"How can we as South Africans trust a political party that cannot do its own governance, but we trust them with the entire fiscus of South Africa into the trillions of rands," asks independent political analyst Asanda Ngoasheng.

To listen to Asanda Ngoasheng in conversation with 702's Bongani Bingwa, use the audio below [skip to 3:53]:

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