News24 | 'On the path to renewal': Strict control measures helped ANC finances, Ramakgopa says

7 months ago 7

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ANC treasurer-general Gwen Ramokgopa says the party's finances have stabilised.

ANC treasurer-general Gwen Ramokgopa says the party's finances have stabilised.

Alet Pretorius/Gallo Images

The ANC spared no cost in putting on a spectacle worthy of remembering at the Moses Mabhida Stadium in Durban, KwaZulu-Natal, for the launch of its manifesto at the weekend.

From the rally alone, it was evident that the party that was on the brink of insolvency is now cash-laden. 

But how did the party that was close to bankruptcy bounce back financially?

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