African National Congress
Founded on 8 January 1912 by John Langalibalele Dube in Bloemfontein as the South African Native National Congress (SANNC), its primary mission was to give voting rights to black and mixed-race Africans and, from the 1940s, to end apartheid. The ANC originally attempted to use nonviolent protests to end apartheid, however, the Sharpeville massacre resulted in the deaths of 69 black Africans and contributed to deteriorating relations with the South African government. On 8 April 1960, the administration of Charles Robberts Swart, banned the ANC and forced the party to leave South Africa. After the ban, the ANC formed the Umkhonto we Sizwe (Spear of the Nation) to fight against apartheid utilizing guerrilla warfare and sabotage. On 3 February 1990, State President F. W. de Klerk lifted the ban on the ANC and released Nelson Mandela on 11 February 1990. On 17 March 1992, the apartheid referendum was passed by the voters removing apartheid and allowing the ANC to run in the 1994 election. Since the 1994 election the ANC has performed better than 60% in all general elections, including the most recent 2014 election.
History of South Africa (1994–present)
The ANC had risen to power on the strength of a socialist agenda embodied in a Freedom Charter, which was intended to form the basis of ANC social, economic and political policies. The Charter decreed that "the national wealth of our country, the heritage of South Africans, shall be restored to the people; the mineral wealth beneath the soil, the banks and monopoly industry shall be transferred to the ownership of the people". ANC icon Nelson Mandela, asserted in a statement released on 25 January 1990: "The nationalisation of the mines, banks and monopoly industries is the policy of the ANC, and a change or modification of our views in this regard is inconceivable." But, after the ANC's electoral victory in 1994, the eradication of mass poverty through nationalisation was never implemented. The ANC-led government, in a historic reversal of policy, adopted neoliberalism instead. A wealth tax on the super-rich to fund developmental projects was set aside, while domestic and international corporations, enriched by apartheid, were excused from any financial reparations. Large corporations were allowed to shift their main listings abroad. According to a leading South African economics expert, the government's concessions to big business represented "treacherous decisions that [will] haunt South Africa for generations to come".