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Malema: Money. Power. Patronage. – Micah Reddy & Pauli van Wyk

Pauli van Wyk & Micah Reddy delve into their book 'Malema: Money. Power. Patronage.' (Camera: Shadwyn Dickinson; Editing: Darlene Creamer)

9th October 2025

     

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This is not a biography of Julius Malema. It is the story of his money.

Over the past two decades, Malema has leveraged his growing political clout to bankroll his party and amass a personal fortune. In this revealing book, investigative journalists Micah Reddy and Pauli van Wyk follow the money, demonstrating how Malema built his fiefdom.

They unearth astounding details about Malema’s old, seemingly forgotten scandals in Limpopo, where he and his cronies duped not only the public, but also each other, and they trace how loot from the VBS Bank found its way to Malema and Shivambu.a

The book shows how, over the years, Malema has refined his modus operandi, making it difficult for the justice system to hold him accountable. But it also tells a bigger story: about the insidious ways in which money courses through South African politics and how selfstyled radical leaders exploit valid grievances about inequality to enrich themselves, stealing from the very people they claim to fight for.

ABOUT THE AUTHORS

Micah Reddy is the Africa coordinator at the International Consortium of Investigative Journalists. He was an investigative journalist at the amaBhungane Centre for Investigative Journalism, where he reported on the EFF’s extraction of public funds from Gauteng metros. He holds a master’s degree from Oxford University. Reddy lives in
Johannesburg.

Pauli van Wyk is a financial crime investigator and former investigative journalist at Scorpio, Daily Maverick. She holds an MBA and a master’s degree in communication (journalism). She has won the Standard Bank Sikuvile Award for Journalist of the Year and for Investigative Story of the Year, and was the runner-up for the Taco Kuiper Award.

'Malema: Money. Power. Patronage.' is published by Tafelberg, an imprint of NB Publishers

Edited by Creamer Media Reporter

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