Marketing firm Ezulweni vows to recover R150m debt from ANC – SABC News
A marketing firm, Ezulweni Investments, says it’s determined to recover all the money that the African National Congress (ANC) owes it. This was after the party breached the agreement to pay the R150 million historic debt.
The ANC is battling to stave off the seizure of its assets after a court granted an order to the firm, which the party owes R85 million for campaign material during the 2019 national elections.
The firm is targeting movable assets at the ANC’s headquarters at Luthuli House in Johannesburg.
“We pleaded with the ANC to make payments, and this fell on deaf ears. What we are claiming there has been an attachment on the bank accounts. We are waiting to see what those accounts yield. The bank is due to inform us within days of what the amounts are, and those proceeds will be attached. My instructions are now to proceed and broaden the execution process, and once we have exhausted that and are satisfied, we can then apply to have immovable properties executed,” says Ezulweni Investments’ lawyer, Shafique Sarlie.
AFRICAN NATIONAL CONGRESS STATEMENT ON THE EZULWENI WRIT OF EXECUTION pic.twitter.com/KJMtzkIPdj
— ANC SECRETARY GENERAL | Fikile Mbalula (@MbalulaFikile) October 4, 2025
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