ANC headquarters, Chief Albert Luthuli House, in Johannesburg. Picture: Michel Bega While the ANC has revealed it is facing a financial crisis, the party said it has not reached the stage of selling its assets. On Wednesday, party spokespersonMahlengi Bhengu told The Citizen that the party will come up with other fundraising methods, but she said they will not downsize staff or sell their building in Johannesburg CBD.
“We are not going to come and say we will sell off our assets; we are not at that stage yet, we are not at that level of instability, and that is a function of our finance committee. They have a clear model that we are going to be utilising to ensure self-sustenance and financial stability. “Selling the building and downsizing staff is not under consideration,” she said.
Bhengu said, despite the party’s financial problems, it has managed to keep up to date with its rate payments to the City of Johannesburg. “We are in good standing with all the compliance and independent assurance institutions, we are in compliance with the tax man,” she said. Her comments come as the party has been unable to pay its staff members for several months.
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On Monday, they protested outside the Birchwood Hotel, where the party is holding its National General Council (NGC) meeting. They complained that the party sometimes failed to pay medical aid contributions. But the party has denied this.
ANC secretary-general Fikile Mbalula told the media this week that he is among other staffers who have not been paid. The party is reportedly exploring different models for becoming self-sufficient.
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