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Moeletsi Mbeki criticises ‘ruling political elites’ for ‘milking’ South Africa’s economy | SA News

Moeletsi Mbeki has been accused of engaging in the very shady BEE deals he condemns. Watch our video explanation of the story.

Political analyst Moeletsi Mbeki has indicted South Africa’s “ruling political elites” for contributing to the country’s economic dysfunction by milking state coffers, while urging the private sector to get involved in finding a solution.

Speaking at a Xubera Institute for Research and Development forum near Durban last Friday, Mbeki — who has often criticised the government, including under the presidency of his brother Thabo Mbeki — honed in on the reasons behind a crisis illustrated by an economic limping along with just 0.1% growth during the first quarter of 2025 and a 32.9% unemployment rate.

“South…

The Knysna Oyster Festival: This annual festival celebrates the local oyster harvest
and includes various activities and events centered around food and culture.

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