Ezulweni Investments
1Min
South Africa
Oct 21, 2025
The African National Congress has reached a confidential out-of-court settlement with Ezulweni Investments, resolving a longstanding R85 million debt dispute linked to the party’s 2019 election campaign. This development comes after Ezulweni secured an attachment order, allowing the seizure of ANC assets and the freezing of its bank accounts.
The African National Congress (ANC) has reached a confidential settlement with Ezulweni Investments, ending a protracted legal battle over an R85 million debt that had threatened to paralyse its operations.
The debt traces back to services provided during the ANC’s 2019 general election campaign, including production of campaign posters and materials, which Ezulweni claimed were never paid for. Earlier this month, the marketing firm took decisive action, securing an attachment order that allowed the seizure of furniture and other movable assets at the party’s Luthuli House headquarters and freezing the party’s bank accounts.
In response, the ANC filed an urgent court application seeking to lift the freeze, arguing the move posed serious risks to its financial stability and ability to remunerate staff nationwide.
However, on Monday the party announced that the dispute had been “amicably resolved.” According to the ANC, the writ of execution has been lifted, and a new settlement agreement, negotiated in consultation with forensic auditor Mahier Tayob, has superseded all previous agreements, including the court judgment of November 2023. The terms remain confidential.
This resolution marks the second out-of-court settlement between the two parties. A prior agreement in 2023 had awarded Ezulweni additional campaign work ahead of the 2024 elections, but the ANC reportedly defaulted on that arrangement, prompting renewed legal action.
While the latest settlement avoids an immediate court showdown, it comes amid heightened scrutiny over the ANC’s internal governance and financial management. Analysts note that recurring disputes with suppliers and service providers may erode public confidence in the party’s ability to manage resources effectively.
The ANC has declined further comment, citing the confidentiality of the agreement. Observers will now watch closely to see if this settlement brings lasting resolution or merely postpones further financial challenges.
