ANC Youth League hits back at ‘shameful and reckless’ Loubser

In response to a blistering attack launched against it by Loubser on Wednesday night, the ANC Youth League defended its views saying the issues it raised represent the views of the majority of the poor.

"If white monopoly capital continues to treat [the poor] in the manner demonstrated by the shameful and reckless Mr Loubser, it may be necessary to speak to him in the only language understood by white supremacy in this country," the league said in a statement released on Thursday.

The youth league said Loubser was "spewing reckless rhetoric".

"He makes all his derogatory remarks from his ivory tower, decorated with his salary of more than R14-million in 2011 alone, an increase of 14% from the previous year; but then again how can we ever expect him to understand the suffering of those who have to die for a mere R12 500 per month?" it said.

On Wednesday night, during a public lecture titled "No guarantees, but many opportunities" delivered at Wits University, Loubser labelled the league racist, greedy, a disgrace, and an embarrassment for the country.

He said the youth league consistently spoke about redistributing wealth but did not express ideas on how to create wealth. He also slammed the "constant, brainless talk about nationalisation of our mines by people of room temperature IQ", and called expelled youth league leader Julius Malema an arrogant racist with no work ethic.

Malema, a fierce proponent of nationalisation, owes Sars R16-million and was recently charged with money laundering.

But the league said Loubser's dismissal of nationalisation as "emotional and brainless talk" is an insult to the ANC Youth League, the ANC, and "all its structures as nationalisation has been adopted as policy by the national policy conference of the ANC".

The question of nationalisation is still open for debate at the ANC's elective conference in Mangaung this December. Earlier this year delegates at its policy conference rejected "wholesale nationalisation" in favour of "strategic nationalisation", where deemed appropriate "on the balance of evidence".

The public spat comes during a time of worsening investor confidence for South Africa, widespread turmoil in the mining sector, and growing questions about the quality of political leadership through the crisis.

These are unprecedented times, and the role of media to tell and record the story of South Africa as it develops is more important than ever. But it comes at a cost. Advertisers are cancelling campaigns, and our live events have come to an abrupt halt. Our income has been slashed.

The Mail & Guardian is a proud news publisher with roots stretching back 35 years. We’ve survived thanks to the support of our readers, we will need you to help us get through this.

To help us ensure another 35 future years of fiercely independent journalism, please subscribe.


ConCourt settles the law on the public protector and interim...

The Constitutional Court said it welcomed robust debate but criticised the populist rhetoric in the battle between Busisiwe Mkhwebane and Minister Pravin Gordhan

Where is the deputy president?

David Mabuza is hard at work — it’s just not taking place in the public eye. The rumblings and discussion in the ANC are about factions in the ruling party, succession and ousting him

Press Releases

Covid-19 and Back to School Webinar

If our educators can take care of themselves, they can take care of the children they teach

5G technology is the future

Besides a healthcare problem Covid-19 is also a data issue and 5G technology, with its lightning speed, can help to curb its spread

JTI off to court for tobacco ban: Government not listening to industry or consumers

The tobacco ban places 109 000 jobs and 179 000 wholesalers and retailers at risk — including the livelihood of emerging farmers

Holistic Financial Planning for Professionals Webinar

Our lives are constantly in flux, so it makes sense that your financial planning must be reviewed frequently — preferably on an annual basis

Undeterred by Covid-19 pandemic, China and Africa hold hands, building a community of a shared future for mankind

It is clear that building a community with a shared future for all mankind has become a more pressing task than ever before

Wills, Estate Administration and Succession Planning Webinar

Capital Legacy has had no slowdown in lockdown regarding turnaround with clients, in storing or retrieving wills and in answering their questions

Call for Expression of Interest: Training supply and needs assessment to support the energy transition in South Africa

GIZ invites eligible and professional companies with local presence in South Africa to participate in this tender to support the energy transition

Obituary: Mohammed Tikly

His legacy will live on in the vision he shared for a brighter more socially just future, in which racism and discrimination are things of the past

The best local and international journalism

handpicked and in your inbox every weekday