In case there is any misunderstanding the DA would like to point out how this latest scandal involves the ANCYL.

They are either negligent, incompetent, politically suspect or a combination of all three.

The most important thing for South Africans is that whatever its value, the rand remain stable rather than fluctuating wildly.

The actions of a small minority in operating slush funds and operating secret loans have overshadowed the work of many who are trying to clean the party up.

I'm astonished at the amount of money involved in these secret loans, and would want to know where the money has gone.

In this case all that has been achieved is that the state has influenced an investment decision in the directions of stocks and bonds rather than property.