ANC mismanaging SA’s resources

It is an open secret that the ANC will be in power for the next 10 years or so. The opposition parties pose no threat to the governing party.

The threat that the governing party is facing is the ANC itself. It has already started tearing itself apart.

That said, the ANC in government handles billions, if not trillions, of the state coffers.

That needs excellent financial management skills to handle such a lot of money. Is the governing party managing or mismanging the financial resource of the country? There is no easy answer.

Right now, the country is bleeding. The economy is down and unemployment high. And poverty levels have risen.

Additionally, there are also water and electricity challenges.

Clearly, the ANC is mismanaging the country resources.

The governing party is struggling to pay salaries of the staff at Luthuli House. This has been going on for quite some time now.

If the ANC can’t handle its financial affairs, how will it handle the country’s finances?

ANC employees’ financial lives have been turned upside down. Some party employees’ policies have lapsed because of nonpayment. Yet they are working for a political party that is governing the country.

One can argue that what is happening at Luthuli House is an internal matter. Yes, it is.

However, the failure by the ANC to manage its financial affairs at party level replicates itself at government level.

We are in trouble as a nation.