ANC treasurer general Mathews Phosa speaks at a news conference at the party's headquarters in Johannesburg on Tuesday, 3 April 2012.
JOHANNESBURG - The ANC is close to lying to South Africans with its promise of a better life for all.
This is what former ANC treasurer general, Mathews Phosa, has told eNCA’s current affairs programme, Checkpoint.
The attorney and politician says there is no money in the public kitty to fulfil promises made by the governing party.
Nkepile Mabuse spoke to him.
“We made many promises, the expectations of our people are around those issues. They are founded. They are founded on our own promises.
"There’s an extent to which we tried to meet those expectations, but the backlog is huge and massive and it has become intolerable to the masses," he said.
"I think the ANC understood the scale of the problem. We had made arguments formulated in the manifesto in 1994 and we tried to meet each other in the middle, but that middle seemed to be a bit highly pitched because the resources are not there.
"Simply put, there’s no money to meet those expectations."
Phosa said the ANC should go back to the drawing board as far as he is concerned, and look at their budget again and create a South Africa where there’s hope for people outside the country to want to invest in South Africa.