OpinionPoliticsState Capture

Why apologists of White Monopoly Capitalists are attacking Molefe

By Magatshana Ntuli

aqyqwi1bm5mjjj5fgelwBrian Molefe
Why is dirt being thrown at Brian Molefe from all angles by white monopoly capital apologists, who bid and argue for South Africa’s current imbalanced economic status quo to continuously obtain? Molefe is one of the most competent and proven executives to ever emerge out of SA and his glittering track record attests to this pronouncement.

He has shattered ceilings and excelled in each portfolio he has held. From being chief director at National Treasury, he went on to grow the Public Investment Corporation (PIC) into Africa’s largest fund managers and

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  1. Hi Pinky.

    Thank you for all the good analysis. It is really helping in ensuring that one looks at things in more than one way.

    On Brian’s resignation, it was clear that he was a person that wanted to clear his name of all this and some of us were looking forward to that. Then the silence, then “plan B”.

    It makes it seem like he lost that fight and he has no come back, because all that was said is true.

    This leaves a bitter taste to aspiring african executives.

    What information do you have on this?

    Bheki Hlongwe

    1. Dear Bheki

      I too was looking forward to Brian Molefe’s fight back. I fully understand why he resigned in the wake of the unsubstantiated allegations in the State of Capture report. Most honourable people do not want to tarnish the name of the companies they work for – its rare in South Africa hence people have put much emphasis on it. Around the world, politicians and corporate leaders do this as a matter of cause.

      I can’t speak for Molefe but like those of us who felt his resignation was a loss for the country given his accomplishments, he must have been advised not to waste his time on “clearing” his name on unsubstantiated allegations. There is after all, supposedly a commission that will look into it and he will definitely have that opportunity to clear his name.

      In the meantime, he’s needed to assist in the country and he has that opportunity once again to serve this country in Parly. Unlike the many MPs who barely make a dent into the goings-on in this country, he will kick butt – as the young people say.



    2. Hi Bheki
      My views has and always will that that Brian has nothing to defend himself from, resigning was an honerable thing that proffesionals sometimes feel obliged to do to protect the institution/entity..am one of the people that challenged the so called State of Capture report.

  2. Revolutionaries must strengthen their capacity to advance the struggle to the door steps of the enemy. WMC is only funded with capital without ideology to unleash the ANC peoples government. WMC agents will use every space to reverse the gains, revolutionaries must work hard in wiping out the agents of WMC and its institutions.

  3. Up to today and now the mainstream nedia has not reported on the Unilever and Sime Darby case of collusion/corruption to allocate the market and fix prices thereby fleecing already suffering consumers. And when and if ever this is reported SaveSA and their ilk will be loudly quiet. Who is fooling who?

    1. Dear Gazebo

      I don’t believe you’re completely correct in saying commercial media haven’t reported on this latest corruption involving Rupert, again. But yes, the headlines are so small one barely remembers seeing them.

      But we – you, me & us – are now here and we will do our best to shine a spotlight on these ruthlessly corrupt people.



  4. It is an extremely serious situation for WMC having Mr Brian Molefe in parliament where i hope he soon will be the Finance Minister. It is also my hope that Mr Molefe will rid that department of all the wmc stooges and do the right thing in respect of radical economic transformation. Having followed this individual i am sure that he will do well in that department as he did where ever he were deployed.

    1. Dear Jannie

      Brian Molefe is feared by WMC and apologists because he has a track record of radical economic transformation. He’s a threat hence all the machinery being set out to tarnish his name.

      If you’re religious please pray that he gets the job. This country will move towards empowerment of blacks much faster than it has under all the finance ministers we’ve had. Unfortunately they are all besotted with IMF/World Bank slavery and Washington/London financial hegemony.



  5. Should the President choose to appoint Brian Molefe to Head Finance Ministry, it will be he best choice he would ever made, which will be fully supported by us, the majority of this country, Brian is Credible, Smart and very Able to swing things around. Smear campaigns to his integrity will get you nowhere Mr Pityana!

    Pityana, You are nothing more than a protector of the “Thieves” (Oppenheimers) who together with the Apartheid regime took peoples land without compensation & stripped it of its minerals & never paid any royalties due& even stole their shares invested in De Beers.

    Now Mr self proclaimed Saver of South Africa please save this government from the Thieves you work for and let them pay what’s due.

  6. The post by Magatshana Ntuli (and all others in this platform) is revolutionary and bringing hope to many. I so wish our entire populace could be afforded the opportunity to read the posts and rid themselves of the venom which the untransformed media is feeding them. Eish!!!!

    1. Dear Stalin

      Thank you for your kind words Stalin. We are only about 4 months old, we must all put our minds together and see how we can best push the message to all progressive South Africans and make a difference in the way people view the world.

      Thank you for your continued support…



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