WATCH: Ramaphosa asked why ANC overlooked black companies for funeral policies | IOL News

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WATCH: Ramaphosa asked why ANC overlooked black companies for funeral policies

Johannesburg - President Cyril Ramaphosa had to duck questions on why the African National Congress overlooked black-owned companies for underwriting rights for its members funeral policies it launched in August this year.

The confrontational question came from Nomfundo Mcoyi. Mcoyi is the chief executive of the Durban based Icobelethu Funerals and the KZN chairperson of the South African Funeral Practitioners Association . Mcoyi asked Ramaphosa why the ruling party, which is predominantly black, opted for white-owned Constantia Insurance Company when there are equally capable black-owned companies that could do a sterling job.

Ramaphosa was in Durban on Thursday to meet with the city's business community and hear out their concerns. “That underwriter is white. We have a lot of black companies that have got insurance licences. Why white, ANC is mostly black, I am not being racist though but why? Undertakes are worried, they are waiting for answers from me provincially and even national as well,” Mcoyi charged at Ramaphosa who was sitting with minister Ibrahim Patel and KZN Premier, Sihle Zikalala.In August this year, the ANC's treasurer Paul Mashatile announced the funeral scheme.

“You will have to go to Luthuli House to go and find out why the ANC is saying that we want to have an insurance policy for their members and are talking to certain entities,” he responded to the question briefly and moved on to other questions.

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Because they want an actual payout. VBS

*sad people don't listen

Lindani21449508 We were told about ramaphosa but we chose ignore that

For real!? I thought CyrilRamaphosa was part of the GautengANC !? I am sure next CyrilRamaphosa is going to say why did GautengANC overlooked StateCapture

Let's be honest our own blacks don't know how to lead the country

Kanti he's not de pre9of Anc

i think we should stop lying to ourselves to say we have a president. this man has no idea what is happening around him.

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