Alan Boesak , the cleric and pardoned fraudster, resigned from Cope and the Western Cape provincial legislature today.

The once hopeful potential opposition to the ANC seems to be in a terminal state of decline, with several key leadership figures having resigned over the last few months.

Boesak was always going to be a problem for Cope and his action today proves the point of those who criticised Cope for appointing him in the first place.

It’s a pity, because the formation of Cope spurred the ANC  out of complacency in the lead up to the April election and can take some of the credit for the ANC attempting to “go back to its knitting” as far as its constituency is concerned.

This slide was part of a briefing I did for investor clients in the lead up to the general election on April 22 2009.

Can’t Cope