A Scandal Called “Farmgate”

And it’s not about South Africa’s murdered farmers.

South Africa is facing deep political turmoil and corresponding uncertainty across markets amid growing calls for President Cyril Ramaphosa to step down over an emerging bizarre scandal centered on the alleged theft of $580,000. The over half million in cash was literally found stuffed in a sofa at a farm that Ramaphosa owns. The timing of the crisis couldn’t be worse given long-awaited economic reforms had only just begun to take shape and improve the country’s outlook. 

The mysterious cash payment has sparked outrage particularly among the opponents of the ruling African National Congress, and with his allies holding emergency consultations. On Thursday South African media is reporting President Ramaphosa is to imminently address the nation as prospect for his resignation grows, and as he faces impeachment.

More: Ramaphosa came to power after the ANC forced Jacob Zuma to step down following an almost nine-year tenure during which the government estimates more than 500 billion rand ($29 billion) was stolen from state coffers.

13 Replies to “A Scandal Called “Farmgate””

  1. I guess this is simply one more instance that confirms government sucks. Power corrupts. Absolute power corrupts absolutely.

  2. The politically collect approach to reporting this story is as follows: 1) ignore it (TV news), or; 2) very short article buried in the back pages (newspapers), if anything, or; 3) blame the apartheid policies of the former white South African government, which was overthrown 28 years ago and replaced by black majority rule.

  3. Another example of the failure of multiculturalism – not all cultural values are of equal value. People, yes, values, no.

  4. The President promises not to take these accusations lying down.

    “South Africa is facing deep political turmoil…”
    Shocking.

  5. The just imagine what the criminal elites can do with CBDC (Central Bank Digital Currency) !

    They won’t need to hide the cash in the sofa , it will just vanish and be invisible to all except the criminal !

  6. It’s always the same story with these African nations. The “leaders” always go begging for cash from the rich Western White folks…..and when they get the money; it never goes to the poor people. Instead, we get fast cars, lots of women, and invariably, gold Chains, and gold plated AK 47’s.

    Che Guevera was at least right about one thing.

    1. So like the reserves in Canada then? Or that address in Ottawa…
      At least it looks like folks in s Africa give a shit about corruption. It’s more than can be said about most in Canada.

  7. $580k is a drop in the bucket when compared to the $12.1 million Canada sends in “foreign aid” to South Africa…

  8. As a former commercial interior designer, I Always stuffed the monies received from goods sold in the sofa cushions. Doesn’t everybody?
    On another note, Cyril Ramaphosa just wanted the state dinner and photo op with our new King, Queen and Prince and Princess of Wales.

  9. Scandal?
    Those interested in the affairs of men know, from simple observation that much of the world outside of what is called western culture live and have lived that way, ever since.
    That is not to say that the western culture is working breathless at constantly increasing speed to catch up.

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