It’s no longer a matter of speculation that Jacob Zuma has sold the Republic of South Africa. What we don’t know in full yet is the price tag. But after all the leaked Gupta emails have been carefully analysed we will have a picture of how much Zuma thinks our country is worth.
We will know how much he thinks he is worth himself because he wouldn’t sell a country of which he is president without indicating how much his own soul – if he had one – was worth.
We will eventually know what is the price tag for South Africa’s state power and machinery according to Zuma. The sale was extensive. He sold the foreigners from India access and control of the most sensitive parts of the state: Cabinet, military facilities, state-owned enterprises, immigration and state intelligence.
Had he had the power he would have given them the commercial banks and other private sector companies. After elbowing Glencore out of Eskom coal contracts, their next big private sector target were the commercial banks.
Those who want commercial banks nationalised must imagine what would have happened had they been under the control of the state. Imagine Mosebenzi Zwane or Lynne Brown as the minister of banks! The Guptas would have staffed the banks with their lackeys, installed acting CEOs across and engaged in a looting frenzy while Zuma giggled.
Former Finance Minister Pravin Gordhan blocked the Guptas from implementing their strategy to weaken banking regulations and take control of the banks. Zuma, the Guptas and their associates will never forgive him for that. His dismissal from Cabinet was probably celebrated at the Oberoi Hotel in Dubai.
In the process of selling the country Zuma shred into smithereens the Constitution and his oath of office.
Here is how he broke every word of his oath of office:
In the presence of everyone assembled here, and in full realisation of the high calling I assume as President of the Republic of South Africa,