The shock announcement of Futuregrowth Asset Management that it would no longer extend credit to six of the country’s largest state institutions underscores the fact that the ANC government is now its own worst enemy, Adv. Anton Alberts, the FF Plus’ parliamentary spokesperson on the Economy, says.
Adv. Alberts says the ANC is now succeeding in getting sanctions implemented against itself through their ineptness and internal divisiveness.
“Sanctions were instituted against the previous government, not due to its ineptness, but due to its ideologicaly racial policy. The ANC is achieving this dubious success through its own ineptness.
“It is now undoubtedly becoming clear that the ANC no longer holds the moral high ground. International organisations will most certainly take note that South African institutions are turning their backs on the country’s government, and a domino-effect is on the cards,” Adv. Alberts says.
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