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The ANC’s stubborn insistence on retaining its close friendship with Russia, which broke promises and the UN agreements by invading its democratic neighbour Ukraine, defies reason. The costs are rising. There has been a spat with the US’s Ambassador to the country; warnings from SA’s business community of doors closing; and a red flag from the SA Reserve Bank about the ruinous impact of capital outflows and potential sanctions. Despite this, the ANC refuses to change its irrational stance, defaulting to a claim that the country is ‘non-aligned’. Why? In an interview with Biznews, Professor Piet Croukamp from North West University’s Business School prods us to ‘follow the money’ suggesting the answer may lie in Russia’s (potentially illegal) funding of the ANC. He spoke to Linda van Tilburg of BizNews.
Video production by Patrick Kidd
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