Collen Malatji: I would rather support Magashule’s return to the ANC than that of Jacob Zuma:
ANC Youth League (ANCYL) president Collen Malatji says he would rather support the reinstatement of former secretary-general Ace Magashule’s party membership than that of former party president Jacob Zuma.
In an interview with the Mail & Guardian this week, Malatji also vowed to use the ANCYL to defend President Cyril Ramaphosa against any attempts to remove him.
“It is very wrong to put Zuma and Ace in the same category. If Ace were to close his political party today, come back tomorrow and say, ‘I’m pleading, I made a mistake’, it’s a matter I could participate in and plead for him,” Malatji said.
“But with Zuma, it’s something else. I don’t know how the ANC even elected that man. I don’t think the ANC should welcome him back. He is not the type of person who should be in the ANC.”
Zuma was expelled from the ANC a year ago after being found guilty of collaborating with and endorsing the uMkhonto weSizwe (MK) party, which he leads. Magashule was ejected for violating sections of the ANC constitution, including refusing to step aside as secretary-general despite being criminally charged.
Zuma has repeatedly insisted that he remains a member of the ANC despite his affiliation with MK party, pointing out that several people have dual ANC and South African Communist Party membership.
The former president still commands significant voter support, and some ANC members believe his return could help the party regain its outright majority after its poor performance in the 2024 general elections.
The ANC constitution allows expelled members to appeal their expulsion at the party’s national conference, which will next be held in 2027. Some within the ANC believe Zuma may use the platform to appeal his expulsion, as he still has sympathisers within the organisation.
Malatji questioned the commitment to the ANC of both Zuma and Magashule, who went on to form the African Congress for Transformation.
“They have their own parties. Yes, the ANC constitution allows a national conference to reverse expulsions, but you reverse the expulsion of someone who is still part of the organisation,” Malatji said.
Malatji said the youth league has learned from its past mistakes in backing the removals of Zuma and Thabo Mbeki as presidents before their terms ended — moves he said did not benefit the ANC. Removing Ramaphosa would therefore also not help the party, he added.
During his closing remarks at an national executive committee meeting recently, Ramaphosa said those calling for his removal should confront him directly rather than plotting “in dark corners.” He added that he had no issue resigning if members genuinely felt he should step down.
Malatji said the youth league had made it clear that anyone seeking to remove the party president “must go through the ANCYL first,” as it was the party’s first line of defence.
The G20 leaders; summit at the weekend had demonstrated that Ramaphosa was one of Africa’s strongest leaders, Malatji argued, questioning how the ANC could justify removing the president after he managed to deliver a successful G20 declaration when others had failed at previous forums.
“We differ with the ANC on many things, and we fight with the ANC internally because our constituency is very impatient. But there is no way we can say the president of the country must go. It would plunge the country into a crisis, especially under the government of national unity,” he said.
“The problems we currently face — unemployment and slow economic growth — would be far worse if there was political instability. We are not part of any plan to remove Ramaphosa, and we will defend the president of the ANC with everything we have.”
He added: “The ANC is the president’s organisation. That is why you can remove anybody else and no one will cry. But if you remove the president of the ANC, it is a big issue; it affects the organisation directly.”
5 Benefits of trading with minimum deposit brokers in South Africa:
South African traders often want a practical way to enter the market without risking too much capital on day one. Minimum deposit accounts provide a simple starting point. They allow you to learn platform tools, test strategies in live conditions, and control costs while you build confidence. For traders in Johannesburg, Cape Town, Durban, and Pretoria, the key is to start small, measure everything, and scale only when the data supports it.
Many new participants compare spreads, platforms, and education before funding. It helps to shortlist a few reputable providers and then open a small live account with one of them. This is where working with forex brokers that offer low minimum deposits can make a clear difference. You gain access to real markets with modest funds while keeping risk aligned with your experience level.
Benefit 1: A Lower Barrier to Entry
Minimum deposit accounts remove the fear of a large upfront commitment. You can fund with an amount that fits your budget and still learn how live execution feels compared to demo. This matters in South Africa where many traders start part time after work. A smaller account makes it easier to maintain discipline because the emotional load is manageable.
The low barrier is also useful for testing logistics. You can verify how deposits, withdrawals, and customer support function. If timelines match what the broker promises, you gain trust. If not, you can withdraw and move on without regret. This protects your capital and your time.
Benefit 2: Real Market Learning Without Heavy Exposure
Live markets move differently from simulations. Spreads change during session shifts. Slippage appears around news. Minimum deposit accounts let you experience these realities in a controlled way. You can run your checklist through the London and New York overlaps, then review how the plan held up when volatility increased.
This kind of learning is especially valuable for South African traders who often trade during the evening. You can test whether your chosen pairs perform cleanly at those hours and whether your internet stability supports rapid execution. The lessons become part of your routine and inform future scaling decisions.
Benefit 3: Precise Risk Control and Sizing
Small accounts encourage correct sizing habits from the start. Use them to establish rules that protect the equity curve.
• Fix a small percent risk per trade and keep it constant.
• Place stops beyond technical invalidation rather than a random distance.
• Set a daily loss cap and stop trading when you hit it.
• Track average spread and slippage for each pair and session.
These simple controls create staying power. They also make performance more predictable across different market conditions.
Benefit 4: Lower All In Costs While You Experiment
When you trade small, errors cost less. That includes platform mistakes, late entries, and poor levels. You can afford to test entry types such as limit on retest versus market on break and see which works best for USDZAR, EURZAR, or GBPZAR during your chosen window. You can also measure overnight financing on any position you hold past the rollover time and decide whether your strategy should avoid or accept those costs.
Funding choices matter in South Africa. Minimum deposit accounts allow you to confirm which payment routes offer the best combination of speed and fees. Card payments and local transfers can have different costs and timelines. Logging each transaction teaches you the true cost structure so that you can plan withdrawals and deposits with minimal friction.
Benefit 5: A Safe Path to Scaling and Credibility
A small account can still produce a consistent track record. If you record every trade with entry, stop, target, spread, and rationale, you build a reliable data set. After a few months, you will know which pairs, hours, and setups pay best in South African conditions. You can then scale position size gradually without changing the method.
Consistency is persuasive. If you ever choose to manage a larger personal account, your own journal and statements will guide the process. The same habits that kept the minimum deposit account safe will help maintain stability as you grow. The edge is the process, not the account size.
How to Start Smart in the South African Context
Begin with one or two liquid pairs. USDZAR often reacts to both local data and global dollar flows. EURZAR and GBPZAR move well during London hours. Mark prior day high and low, the weekly open, and one or two key zones. Trade only at those levels. This single rule removes a large number of weak entries.
Time your trades for better fill quality. The London open and early New York hours usually offer tighter spreads and clearer direction. If you must trade during quieter periods, cut size and bring targets closer. Respect scheduled events such as South African CPI, the SARB rate decision, and key US releases. Either stand aside or reduce exposure around the print.
Costs and Practical Protections
Your all in cost includes spread, slippage, and any overnight financing. Measure each one. Save screenshots of entries and exits so you can quantify slippage by pair and session. If conversion applies because your base is ZAR and the instrument settles in USD, record the applied rate on each cash movement. Small differences compound over time.
Protect yourself with simple operational rules. Place server side stops so that a brief disconnect does not leave you exposed. Keep a backup connection ready. Test mobile access so you can manage trades if you are away from your desk. Practical safeguards matter as much as chart skills.
A Simple Weekly Review Routine
At week’s end, list your best and worst trades. Group them by setup type and session. If a pattern shows that London pullbacks work and late New York fades do not, adjust the plan. Remove one weak behaviour each week. Small upgrades compound across a quarter.
Also review fees and timelines. Confirm that deposits and withdrawals still match the broker’s stated policy. If delays increase or if costs change without notice, consider moving to a better fit. Your broker choice is part of risk management, not an afterthought.
Conclusion
Minimum deposit brokers give South African traders a controlled way to enter live markets, learn real execution, and practice strict risk rules without heavy exposure. The five benefits are clear. A low barrier to entry, real learning with measured risk, precise sizing habits, lower experimentation costs, and a safe path to scaling. Start with one or two pairs during quality hours, measure everything, and grow only when your journal proves the edge. With this approach, a small account becomes a training ground for lasting consistency.
5 Powerful ways AI trade copiers strengthen risk management in Forex trading:
Forex trading in South Africa has seen rapid growth in recent years, with more individuals using technology to participate in global financial markets. At the same time, risk remains a central challenge for both beginners and experienced traders. Artificial intelligence is now being integrated into trade copier systems, offering new ways to reduce risk while maximising opportunity. These innovations are especially relevant to South African traders who want more efficient and disciplined approaches.
A major shift has come with the rise of copy trading. This method allows traders to replicate the strategies of more experienced professionals directly into their accounts. By combining this concept with AI-powered trade copiers, South African investors are gaining access to advanced risk management tools that make trading more consistent and transparent.
1. Automated Diversification Across Strategies
AI trade copiers allow South African traders to diversify across multiple strategies automatically. Instead of relying on a single trader or market approach, the system can copy trades from different providers, spreading risk across various currency pairs and styles. This reduces the impact of any one strategy performing poorly.
For a market like South Africa, where the rand is influenced by both domestic and international factors, this diversification is valuable. Traders can balance exposure between local trends and global opportunities, ensuring that volatility in one area does not overwhelm their portfolio.
2. Smarter Position Sizing and Allocation
Position sizing is one of the most important aspects of managing risk. AI-enhanced trade copiers analyse account size, volatility levels, and historical performance before determining trade volume. This ensures that South African traders do not take on positions that are too large for their accounts.
By automatically adjusting trade sizes, AI systems help prevent overexposure. Whether the market is calm or volatile, the system aligns trade size with overall risk tolerance. This provides traders with confidence that their capital is being managed responsibly.
3. Real-Time Risk Monitoring
AI trade copiers are designed to monitor risk in real time. They track open positions, exposure across pairs, and overall drawdown levels. If risk exceeds predefined thresholds, the system can close trades automatically or reduce exposure to protect capital.
For South African traders, this is especially useful when trading during international sessions. Markets can move sharply overnight due to global news, and real-time monitoring ensures that accounts are not left vulnerable. AI technology provides peace of mind by acting as a safeguard even when traders are offline.
4. Reducing Emotional Decision-Making
One of the biggest risks in forex trading comes from emotional decisions driven by fear or greed. AI trade copiers help eliminate this by following programmed logic without deviation. The system does not chase losses or overcommit to positions based on overconfidence.
This discipline is valuable for South African traders who may be balancing forex with other careers or responsibilities. By removing emotional interference, AI ensures that risk management is consistent, reliable, and aligned with predefined goals.
5. Enhancing Transparency and Reporting
Modern AI trade copiers provide detailed reporting on performance and risk. South African traders can view insights such as win ratios, exposure breakdowns, and risk-to-reward patterns. This level of transparency makes it easier to evaluate which strategies are effective and where adjustments are needed.
With clear reporting, traders in South Africa are empowered to make informed choices. Instead of relying only on intuition, they can use real data to refine their approach and strengthen long-term performance.
Benefits Summarised for South African Traders
The integration of AI trade copiers into forex trading provides several advantages for managing risk effectively:
- Automated diversification across traders and strategies
- Smarter position sizing based on account size and volatility
- Continuous monitoring of open positions and drawdown
- Elimination of emotional decision-making
- Transparent reporting for better evaluation
These benefits are particularly relevant in South Africa, where the forex market continues to attract both beginners and seasoned investors looking for sustainable methods.
The Role of Technology in South Africa’s Forex Market
South Africa has become one of the most active forex hubs on the continent, with growing participation supported by better connectivity and mobile access. AI trade copiers fit naturally into this environment, offering tools that align with the needs of traders who want professional-level systems.
By integrating automation and risk-focused features, these technologies help South African traders compete in global markets on equal footing. They reduce the reliance on constant manual oversight while ensuring that accounts are managed with discipline.
Building a Balanced Approach
While AI and trade copiers provide powerful advantages, they should be used as part of a balanced approach. Traders in South Africa still need to understand market fundamentals, economic indicators, and the impact of local factors on the rand. Combining personal knowledge with AI-driven systems creates a stronger foundation for success.
This balance ensures that technology enhances decision-making rather than replacing critical thinking. When paired with education and discipline, AI trade copiers become tools that empower traders to manage risks more effectively while pursuing long-term goals.
Conclusion
AI-powered trade copiers are transforming the way South African traders approach forex. By improving diversification, position sizing, real-time monitoring, emotional discipline, and transparency, they provide a stronger framework for risk management. For traders seeking consistency in a volatile market, these innovations offer a practical path forward.
By combining copy trading with AI-driven risk control, South African investors can build strategies that are both safer and more efficient. As participation in forex continues to grow across the country, those who embrace these technologies will be better positioned to manage risks and achieve sustainable results.
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