JOHANNESBURG // From the hammer and sickle of communism to the Democrats and Republicans, of the United States, symbols and names are vital to political organisations, but rebels breaking away from South Africa's ruling African National Congress have developed an identity crisis - they need a title for their new party.
The ANC has led South Africa since the end of apartheid in 1994 and is now facing its most serious threat in decades, with a split led by its former chairman, Mosiuoa "Terror" Lekota.
The move, after the sacking of Thabo Mbeki by the party leadership under Jacob Zuma, is a potential political earthquake with a general election due next year, but the dissidents are on their third attempt to find an acceptable name for their grouping.
It is something of a challenge - the party needs to allude to its chiefs' apartheid-era struggle credentials, while at the same time differentiating itself from the ANC and articulating a new vision.
South African media have dubbed it "Shikota" after Mr Lekota and its convener, Mbhazima Shilowa. Its own first choice, South African National Congress - T-shirts had already been printed up with Mr Lekota's face over the name - was objected to on the grounds it was too similar to the governing party's moniker.
At the national convention last weekend that formally decided to create a new organisation, South African Democratic Congress was chosen. It then emerged that a minor party of that label, and known to its few adherents by the abbreviation Sadeco, already existed, albeit with its elected representatives limited to nine local councillors spread across KwaZulu-Natal province.
Now the breakaway leaders have chosen Congress of the People, a spokesman having said it was inspired by the vision of that occasion in 1955, when representatives of the country's oppressed races gathered to proclaim the Freedom Charter.
But the ANC is warning it will protest on the grounds that it played a key role in the original event.
"We believe that any party with any integrity would find a name and identity and a brand of their own and would not need to attach themselves to the brand name and the identity of another party," said its spokesman, Jessie Duarte.
The ANC's past could not be "divorced from the core" of the party, she said. "It's a diary date in the history of the ANC.
"We have no objection to them setting up a new political party, but we can't be silent when people wish to appropriate the history of our country and the objectives of the national democratic revolution for themselves."
The word "Congress" would be acceptable in the new party's label, she said, but the phrases "African National" or "South African National" would not.
Elements of the spectacle are reminiscent of Monty Python's Life of Brian, in which the People's Front of Judea denounce the Judaean People's Front, and the Judaean Popular People's Front, along with the Popular Front, as "splitters".
Sadeco itself is the product of a split from the National Democratic Convention (Nadeco), which had earlier split from the Zulu-based Inkatha Freedom Party.
The issue is a demonstration of the enormous importance of a party name in terms of branding, what it represents and the signals it sends to the electorate.
A democracy analyst based in South Africa for an international organisation, who did not want to be identified, suspected that the ANC's objections were a deliberately obstructive tactic.
"I don't think they want to make it easy," he said, adding that a good acronym was vital for easy recognition. "In Canada the Conservatives merged with the Reform party; it was late at night and they announced: 'We are now the Conservative Reform Alliance Party'. The next day they had to change it.
"Cot-P? I'm not so sure that reels off the tongue. It doesn't seem right."
According to the Independent Electoral Commission, there are already 143 political parties registered in South Africa, and under its rules new ones should have clearly distinct identities, with a maximum length of 60 letters.
Existing names range from the iconic African National Congress to the distinctly esoteric, such Royal Loyal Progress, Divine Kingdom Party, Tender Loving Care, and Keep it Straight and Simple - which recorded the dubious distinction of coming out on the bottom out of the 21 organisations that contested the last elections in 2004.
Several are identified as a "Congress" of one kind or another, partly because of the word's implicit resonance, and the new party appears to be determined to include it.
But Sarah Britten, an author who blogs on the Mail & Guardian's Thought Leader site, warned: "'Congress' is still a word that the new party cannot possibly own in the mind of the voter. That's a major obstacle to brand recognition before you start.
"Congress of the People is a bit like Coke vs New Coke vs original formula Coke. You're always a version of something else."
In a democracy, liberation movements have to evolve into "more mature" political parties, she said, and the use of "Congress" "fails to signal a willingness to embrace the possibilities of the future rather than the moth-eaten clichés of the past.
"It's just more of the same, rehashed."
sberger@thenational.ae
Abu Dhabi GP schedule
Friday: First practice - 1pm; Second practice - 5pm
Saturday: Final practice - 2pm; Qualifying - 5pm
Sunday: Etihad Airways Abu Dhabi Grand Prix (55 laps) - 5.10pm
The%20new%20Turing%20Test
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What vitamins do we know are beneficial for living in the UAE
Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.
Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.
Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.
Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.
The biog
Full name: Aisha Abdulqader Saeed
Age: 34
Emirate: Dubai
Favourite quote: "No one has ever become poor by giving"
Match info
Uefa Champions League Group B
Tottenham Hotspur 1 (Eriksen 80')
Inter Milan 0
Defending champions
World Series: South Africa
Women’s World Series: Australia
Gulf Men’s League: Dubai Exiles
Gulf Men’s Social: Mediclinic Barrelhouse Warriors
Gulf Vets: Jebel Ali Dragons Veterans
Gulf Women: Dubai Sports City Eagles
Gulf Under 19: British School Al Khubairat
Gulf Under 19 Girls: Dubai Exiles
UAE National Schools: Al Safa School
International Invitational: Speranza 22
International Vets: Joining Jack
Terminal High Altitude Area Defense (THAAD)
What is THAAD?
It is considered to be the US' most superior missile defence system.
Production:
It was first created in 2008.
Speed:
THAAD missiles can travel at over Mach 8, so fast that it is hypersonic.
Abilities:
THAAD is designed to take out projectiles, namely ballistic missiles, as they are on their downward trajectory towards their target, otherwise known as the "terminal phase".
Purpose:
To protect high-value strategic sites, such as airfields or population centres.
Range:
THAAD can target projectiles both inside and outside of the Earth's atmosphere, at an altitude of 93 miles above the Earth's surface.
Creators:
Lockheed Martin was originally granted the contract to develop the system in 1992. Defence company Raytheon sub-contracts to develop other major parts of the system, such as ground-based radar.
UAE and THAAD:
In 2011, the UAE became the first country outside of the US to buy two THAAD missile defence systems. It then deployed them in 2016, becoming the first Gulf country to do so.
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
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UAE currency: the story behind the money in your pockets
Match info
What: Fifa Club World Cup play-off
Who: Al Ain v Team Wellington
Where: Hazza bin Zayed Stadium, Al Ain
When: Wednesday, kick off 7.30pm
The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
Poacher
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COMPANY PROFILE
Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million
The%20specs
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Specs
Engine: 51.5kW electric motor
Range: 400km
Power: 134bhp
Torque: 175Nm
Price: From Dh98,800
Available: Now
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The White Lotus: Season three
Creator: Mike White
Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell
Rating: 4.5/5
UFC%20FIGHT%20NIGHT%3A%20SAUDI%20ARABIA%20RESULTS
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Company Fact Box
Company name/date started: Abwaab Technologies / September 2019
Founders: Hamdi Tabbaa, co-founder and CEO. Hussein Alsarabi, co-founder and CTO
Based: Amman, Jordan
Sector: Education Technology
Size (employees/revenue): Total team size: 65. Full-time employees: 25. Revenue undisclosed
Stage: early-stage startup
Investors: Adam Tech Ventures, Endure Capital, Equitrust, the World Bank-backed Innovative Startups SMEs Fund, a London investment fund, a number of former and current executives from Uber and Netflix, among others.
Sinopharm vaccine explained
The Sinopharm vaccine was created using techniques that have been around for decades.
“This is an inactivated vaccine. Simply what it means is that the virus is taken, cultured and inactivated," said Dr Nawal Al Kaabi, chair of the UAE's National Covid-19 Clinical Management Committee.
"What is left is a skeleton of the virus so it looks like a virus, but it is not live."
This is then injected into the body.
"The body will recognise it and form antibodies but because it is inactive, we will need more than one dose. The body will not develop immunity with one dose," she said.
"You have to be exposed more than one time to what we call the antigen."
The vaccine should offer protection for at least months, but no one knows how long beyond that.
Dr Al Kaabi said early vaccine volunteers in China were given shots last spring and still have antibodies today.
“Since it is inactivated, it will not last forever," she said.
MATCH INFO
Uefa Champions League semi-final, first leg
Bayern Munich v Real Madrid
When: April 25, 10.45pm kick-off (UAE)
Where: Allianz Arena, Munich
Live: BeIN Sports HD
Second leg: May 1, Santiago Bernabeu, Madrid