ANC Billionaires by Pieter Du Toit

CapeTalk Breakfast Show host Lester Kiewit is joined by top-selling author Pieter du Toit to chat about his latest book, ANC Billionaires.

About The Book:
In September 1985 a group of white South African business leaders travelled to a game lodge in Zambia to meet with the exiled ANC leadership under Oliver Tambo and Thabo Mbeki. The group wanted to establish for themselves who and what the ANC was, and they were led by Gavin Relly, executive chairperson of Anglo American.

The Zambian visit set in motion a coordinated and well-resourced plan by big business to influence political change in South Africa. After the ANC was unbanned, their goal was to ensure the party did not turn the country into a last outpost of socialism.

In The ANC Billionaires top-selling author Pieter du Toit investigates whether secret deals were struck between capital and the liberation movement to ensure the status quo remains in terms of economic policy. He also shows how the ANC was completely unprepared to navigate the intersection between business and politics.

The book draws on first-hand accounts by major role players about the contentious relationship between capital and the ANC before, during and after the country’s transition to democracy.

It also sheds light on the millionaires and billionaires who have benefited from their relationship to the party, and with business. After 1994, a cadre of politically connected businessmen, such as Tokyo Sexwale, Cyril Ramaphosa, Saki Macozoma and Patrice Motsepe, emerged who had access to preferential empowerment deals brokered by companies like Anglo American – all became very wealthy.

The one thing these individuals have in common is the ANC - the party of government and patronage.

About Pieter du Toit:
Pieter is an award-winning journalist and assistant editor at News24. He is the author of the best-selling Stellenbosch Mafia (2019) and the co-author of Enemy of the People (2017), with Adriaan Basson. Pieter is a former editor of HuffPost South Africa and news editor of Beeld and Netwerk24.

About Lester Kiewit:
CapeTalk’s Morning show host Lester Kiewit began his broadcasting journey in 2004 as Eyewitness News intern. He soon established himself as a respected journalist, diving into the world of television in 2008 as eNCA reporter and later Parliamentary Correspondent. He was also Cape Town Bureau Chief for the Mail and Guardian newspaper. Kiewit has forged a reputation as a tough, brave reporter and talented storyteller. His uncanny ability to find, and tell, the stories that matter saw him join CapeTalk again in 2021 as host of 'The Morning Review with Lester Kiewit', before moving to the breakfast drive slot.