Leader of the United Democratic Movement, Bantu Holomisa says there is a need for…

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Leader of the United Democratic Movement, Bantu Holomisa says there is a need for…

Leader of the United Democratic Movement, Bantu Holomisa says there is a need for state intervention in the economy much the same way as the apartheid government did. He was speaking at the Cape Town Press Club. Holomisa is one of many influential leaders addressing the press club this month ahead of general elections later this year. He says although the apartheid administration encouraged separate development its main focus was to grow the economy to benefit its citizens. He says the current government which is being led by the ANC is embroiled in allegations of corruption, looting of state resources and nepotism. He has alleged that the current problems in the Public Investment Corporation which manages government employees pension funds are because of governing party looters extending their reach. Holomisa is at the centre of exposing alleged irregularities at the PIC.


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3 comments on “Leader of the United Democratic Movement, Bantu Holomisa says there is a need for…

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  2. Just a pity he lost his integrity by allowing and conniving with the ANC in Nelson Mandela Bay over the ousting of the Mayor there and allowing the corrupt UDM fellow to take over.

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