The Governance Gap

The IFP’s municipal report card reveals:

• R2.1 billionrecovered from corrupt contracts since 2021
• 92% service delivery targets met in IFP councils vs. ANC’s 43%
• Zero VBS-style scandals
  
  ‘Clean audits aren’t luck—they’re hard work,’ Hlabisa jabbed.
  

Ithala Bank: The Hidden Battle

While ANC claims ‘victory’ over the KZN development bank:

• IFP exposed R600m in irregular loans to ANC-linked businesses
• Reserve Bank imposed sanctions on 17 directors
• Now a GNU bargaining chip
  
  ‘The ANC rewards failure,’ charged IFP economic spokesperson Mkhuleko Hlengwa.

GNU Tensions Rise

The audit success contrasts with:
- ANC’s push to control Ithala’s R9bn portfolio
- IFP’s threat to exit GNU if ‘Zulu assets are disrespected’
‘We’re watching Ithala like hawks,’ warned Hlabisa.