MyJHB

Stuff from Johannesburg

Creating Employment for the Shady and Corrupt

Dear Editor

Last week, the ANC objected to being labelled as corrupt. However, there is almost daily evidence to the contrary.

Since taking control over Johannesburg in an unlawful coup, the ANC has lost no time in putting people in place whose past ranges from shady to manifestly corrupt.

It has also taken steps to weaken the oversight structures that are designed to prevent or combat corruption.

The following has happened:

  • The corruption-busting Group Forensic and Investigation Services (GFIS) unit, has been purposefully left without anyone to direct its activities;
  • Tshepo Makola, who was implicated in the ENS Africa report of procurement irregularities in Public Safety, as well as having featured in matters that were submitted to the SIU, has been appointed to act as the City’s Acting Chief Operations Officer;
  • William Mazibuko, who was likewise implicated in the ENS Africa report is still in his substantive position of Director: Disaster Management;
  • Sinaye Nxumalo was dismissed from her position as Executive Director: Group Risk and Assurance in the time of the previous DA-led Johannesburg administration. After 2019 the ANC wasted no time in bringing her back. Despite her being responsible for identifying and curbing maladministration, irregular and wasteful expenditure, corruption abounds, and no one gets held accountable. Reliable sources have indicated that the ANC wishes to shift GFIS functions to fall under her control;
  • Similar moves are being made in the City’s Group Legal and Contracts Department. This is with the intent of shielding certain officials implicated in corruption from facing disciplinary action;
    Among the Members of the Mayoral Committee, features Cllr Mpho Sesedinyana who had a case of common assault opened against him late in 2017. Yet the ANC deems him a fit and proper person to control the portfolio responsible for delivering refuse collection, electricity, water and sanitation – the Department of Environment and Infrastructure Services;
  • One of the first actions by the ANC was to terminate the Boards of the City’s entities. One of these, the Johannesburg Property Company handles assets worth billions of rands. On Wednesday, the Democratic Alliance opened a case in respect of a suspicious transaction of R27-million. The ANC is seeking to replace the Board of that entity, which had opened a disciplinary case against the CEO over the R27-million transaction and the CEO is now on special leave. We are informed that the intention is for the new Board to reverse the actions of the previous Board to protect the CEO.

The pattern that emerges from the above is that the ANC is clearly more interested in protecting its friends than protecting the residents from the ravages of corruption that has led to unacceptable levels of service delivery.

We are committed to fight against this corrupt cabal.

But we do not fight for ourselves.

In truth, this is not our fight. It is the fight of all the law-abiding residents of Johannesburg.

It is for this reason that we do what we do.

Regards

Dr Mpho Phalatse
DA Johannesburg Leader

Category:

Africa’s Economic Heartbeat and the JSE

Johannesburg is the undisputed financial capital of the African continent. It is classified as an “Alpha Global City,” meaning it plays a primary role in the global economic network. The city generates roughly 16% of South Africa’s GDP and is the headquarters for 74% of the major multinational companies operating in Sub-Saharan Africa.

At the center of this economic power is the Johannesburg Stock Exchange (JSE). Founded in 1887, just one year after the city’s birth, the JSE was initially a way to raise capital for deep-level mining. Today, it is the largest stock exchange in Africa and ranks among the top 20 in the world by market capitalization. The financial district has moved from the historic city center to Sandton, an area often called “Africa’s Richest Square Mile.” This shift reflects Johannesburg’s evolution from a rough-and-tumble mining camp into a sophisticated service-and-finance economy. Despite the decline in actual mining, the city remains the “command and control” center for the continent’s mineral wealth, telecommunications, and banking sectors.