Jump to navigation

Vol 58 No 11

Published 26th May 2017

South Africa

Economically bankrupt

The embattled African National Congress is rapidly running out of money as funders desert the party because of the increasingly erratic behaviour of its leader, President Jacob Zuma. The party only has enough cash to cover staff salaries for the next four months and is now scrambling to find donors, according to party sources. It has not been able to pay pension and medical contributions for its staff for the past three months, we hear.

End of preview - This article contains approximately 279 words.

End of preview

Subscribers: Log in now to read the complete article.

Account Holders: Log in now and use your Account Credit to buy this article. No Credit? Top up your Account now.

If you are logged in, but still cannot access the full text of this article, email customer services or telephone us on +44(0)1638 743633.