The alliance was at its weakest at the end of former ANC president Jacob Zuma’s term as both the South African Communist Party and trade union Cosatu called for Zuma’s resignation amidst allegations of state capture.

“We need also to act with urgency and purpose to restore state owned enterprises (SOEs) as drivers of economic growth and development. Several key SOEs are in financial distress, threatening not only their own operations, but the national fiscus,” Ramaphosa said.

He said many of the enterprises have experienced serious governance lapses and poor delivery of their mandate.

“These challenges have been exacerbated by state capture, through which billions of rands have been illegally diverted to individuals, Ramaphosa said, adding that they needed to act urgently and decisively to improve governance, financial management and performance in all SOEs and protect them from improper interference.

Ramaphosa thanked Zuma for deciding to establish the judicial commission of inquiry into state capture. As he thanked Zuma, some of the attendees at the celebrations booed Zuma for at least the third time on Saturday.

Ramaphosa said anti-corruption efforts within the state must be more effectively coordinated and all forms of corruption must be exposed and prosecuted. This included corruption, collusion and other criminal activity in the private sector, which must be fought with equal diligence and determination.

He warned that anybody who would undermined the unity project, would be summoned to Luthuli House to explain, no matter how senior the member was.


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