Zuma Leaves White Monopoly Capitalists Scratching Their Heads As Their Empire Collapses Too Early
President Zuma’s plan to take white capital monopoly head-on is starting to bear fruits and more casualties line up for trauma treatment. Although Zuma appears as a victim but the truth is there is more damage done on white capital beneficiaries then to the person of Jacob Zuma.
Media has made many to believe that Zuma’s act of firing Nene was a move not so well calculated. They are in for a shock! Zuma knew very well what he was doing and what was to follow after the collapse of the Rand. Nene was his first testing point that was to trigger a string of events that will send a shock wave to major banks, our Treasury, the Reserve Bank and all the way up to the JSE. Zuma’s hand grenades do not land in rooms unoccupied, casualties come out running for first aid like Sipho Pityana and others.
If you thought the timing of Finance Minister Pravin Gordhan’s probe by the Hawks, the recommendation to amend the Reserve Bank Act and stripping naked of our Treasury were all co-incidental then media has fooled you too well to forget who Zuma really is.
Beneficiaries of CODESA linked BEE transactions like Sipho Pityana are feeling the heat although they also appear as heroes. It is all for a short while. Zuma has hit the right nerve and many like Pityana are still going to scream while their empires collapse. They are going to make a loud call for him to resign yet once again.
When the West allegedly wanted Zuma to betray Africa and get President Mugabe killed he refused and left them suspicious of what he was going to do next. To fool them even further, Zuma visited the Queen and held private talks no one knows about today. The man wanted to make them believe he is following footsteps of other African Presidents who bow to the West as soon as they come into power. As soon as he came back from London, he announced that South Africa was instrumental to the formation of BRICS.
This is how Zuma betrayed all those who continue to benefit from CODESA arrangement which land to billions of rands being looted and stolen from government.
Before you forget, perhaps you must be reminded as to who was instrumental during CODESA and when transitional government was formed, who were members of what was called Transitional Executive Committee.
Here are the names of member of TEC:
Trevor Manuel (who is accused of working with Pravin Gordhan to procure equipment used by SARS rogue which is the reason Hawks want him), Maria Ramos (who is now Barclays Group Africa CEO and is accused of instructing the closing of Oakbay Investment bank accounts. She was part of the meeting that dictated the re-appointment of Pravin Gordhan as Finance Minister), Pravin Gordhan (chair of CODESA from 1991-1994, and went on to become Commissioner of SARS from 1999 to 2009, the year Jacob Zuma appointed him Minister of Finance; he is wanted by Hawks for illegally setting up SARS rogue unit) Tito Mboweni (who was to become the first Minister of Labour in Mandela’s cabinet, then from 1999 became Reserve Bank Governor until 2009; currently international advisor for Goldman Sachs International) and they were all led by Thabo Mbeki.
By now you can see that Zuma is attacking white monopoly capital head-on and it is left to be desired as to who the winner is going to be. Zuma himself is compromised because media has successfully managed to create his image as the most corrupt person in our lifetime. Many are falling for it. But it seems that Zuma knows very well that the battle he is fighting is of a kind that will have casualties both sides. Whether he stays or not, he has sent a shockwave to the highest powers under the planet. White monopoly capital is shaken and it is up to the ANC to decide whether it want to take this opportunity and reconfigure its economic policies to fast track transformation.
Imperialists were convinced that they had won when ASGISA, NEPAD, and IBSA were rolled out by former President Mbeki. White monopoly capitalists thought they had another fast tracked Agenda that was about to pay off.
They were very wrong and their miscalculation was going to cost them arm and a leg. Zuma broke free from charges and Mbeki was a weakest contender whom he ousted without a struggle and it became very clear that the target was those bidding behind him.
Zuma simply focused on building relations with India and Brazil. Mbeki’s IBSA (India-Brasil-South Africa) was weak and not a threat to the west grip on our wealth and economy. So Zuma went for the juggler. He went to bed with the west’s traditional and worst enemies. China and Russia. IBSA became BRICS and the battle for African wealth control started.
Because Zuma calculates and understand how white monopoly capital is organized, he intentionally befriended and uplifted the Guptas who were just a thorn in the white capitalist. Media made us all to believe Zuma was doing so because his motive was simply corruption. Zuma wanted to test and see how far the earthquake would be felt and which institutions were involved in orchestrating and organizing white capital.
Yesterday, the Inter-Ministerial Committee released a statement accusing major banks for colluding against Oakbay Investment which is owned by the Guptas. If found guilty they face heavy fines that could cripple them for a very long time. The IMC has proposed that Zuma sets up a commission of enquiry to look into the conduct of these banks. This was triggered by their treatment of Oakbay Investment which has threatened to disinvest from South Africa. Is it again a co-incidence that they are all coming back to him and are asking for his final word? Zuma knew this from the word go and now he is going to have his way with banks. Some secrets are going to spill out very soon.
This is what Zuma knows: banks provide infrastructure for the smooth flow of white monopoly capital.
Sipho Pityana did not scream at the funeral because he is a coward. He knows that chickens have come home to roost. Jacob Zuma has knocked at the door and time to beat around the bush has ended. Not only Pityana is feeling the heat. Names of former Finance Minister and his wife Maria Ramos have been fingered in what has Gordhan looking for a place to bury his head, SARS rogue unit. It is alleged that Manuel knew about the purchase of equipment that was used to spy on black business individuals who are seen as a threat to white capital.
Because of Zuma’s strategic plan, circulating in the public domain, we now know how billions of rands were looted by apartheid government just before the ANC took over. And yet again, same names keep cropping up. Zuma has opted not to even comment on that. He knows exactly what is to follow as that debate starts deepening in the country.
In short, this is what Zuma’s legacy is going to be years after he is gone: A man who unashamedly took white capital by its horns!