Invest, but follow rules: iLIVE
I agree with President Jacob Zuma ( "Zuma says it's OK for parties to invest", May 23), but only if steps are taken so that:
- Good governance is the norm and is constantly checked;
- Probity is complied with. Where the money is headed must be known to either shareholders, taxpayers, board members or, in the case of government, the national executive committee. This is called responsibility and is a requirement in any leadership position;
- There is no conflict of interest or insider trading;
- Tenders are given to companies that can do the job to the specified requirements; and
- Audits are carried out annually, or weekly in cases where there is doubt.
An investigation, such as that into the e-tolling deal, would confirm whether all is tickety-boo within the ANC.
At the very least, it would confirm that taxpayers cannot afford grandiose plans by the ANC.
We could, however, cut back on extravagance and use the money to educate the youth to fill the many vacant positions.
This would ensure growth, as has been shown in successful democracies.